Last month the news broke that Dave Holmeswho led the band led by Chris Martin for more than 20 years, he had parted company with the British rockers and sued in the UK High Court.
Documents filed with the court now shed some light on what sparked the dispute. Holmes alleges in his filing that the band breached a promised contract with respect to their tenth and eleventh albums, for which a commission was to be paid to the manager.
Why Coldplay was sued by their former manager
According to the demand, Coldplay received an advance of 35 million pounds ($44 million) for her tenth album, as yet unreleased, and 30 million pounds ($38 million) for her eleventh and twelfth albums, for which Holmes says she should have received A commission. He was paid between 8% and 13% commission under his previous contract, which covered the band’s eighth and ninth albums, “Everyday Life” and “Music of the Spheres”.
In addition to managing the logistics for the preparation and recording of the albums, from the preparation of budgets and the organization of recording sessions in London, Aspen and Jamaica to the liaison with the music producer. Max Martin and licensing samples, Holmes says in his lawsuit that he also worked on the band’s album. tours, including his US, Australian and Asian tours.
He claims that in addition to reneging on a contract extension, the band tried to demote him from manager to head of tours.
He asks the UK court to declare the contract covering the tenth and eleventh albums valid and order payment of the outstanding commission. Alternatively, you are asking for damages or “payment of a reasonable charge” for the work you have done to date on the records. His lawyers have valued his claim at more than £10 million ($12 million).
Holmes’ documents also reveal that, in legal letters prior to his lawsuit, Coldplay threatened to file a “significant counterclaim” along with any defenses.
Phil Sherrell, who represents Holmes, told Variety: “Dave Holmes successfully managed Coldplay for over 22 years, making them one of the most successful bands in music history. Now, as the legal case shows, Coldplay refuses to honor Dave’s management contract and pay him what he is owed.”.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
