Coldplay settles lawsuit with former manager Dave Holmes

Coldplay have reached a settlement with their former manager Dave Holmes, sources report, ending a legal battle that has been ongoing for several years.

The legal case, which involved allegations of unpaid wages and breach of contract, has apparently been settled for an estimated multi-million pound sum.

Holmes initially sued Coldplay in 2022, claiming the band owed him a significant amount of money for management services. Holmes sought more than $12 million in damages, claiming he was not compensated for his contribution to the band’s success. The exact details of the settlement remain under wraps, but the settlement amount is known to be significant.

The dispute between Coldplay and Holmes has been a hot topic in the music industry, with both sides reportedly looking to settle the matter out of court. Holmes, who was Coldplay’s manager for more than 20 years, played a key role in guiding the band through some of their most successful years. However, tensions apparently arose over financial disagreements, which ultimately led to the lawsuit.

In the lead-up to the settlement, both Coldplay and Holmes reportedly kept the negotiations under wraps, with neither side commenting publicly. The settlement now allows both sides to move forward without the shadow of legal disputes.

The legal troubles began after Coldplay and Holmes split in 2021. Holmes claimed he had a contract that entitled him to a share of the band’s earnings and that Coldplay had breached that agreement. The band’s representatives argued that Holmes had been adequately compensated for his services and that the claims were without merit.

Despite the legal wrangling, Coldplay continues to thrive, working on new music and planning future tours, including an extension Music of the Spheres World Tour to Australia and New Zealand later this year.

New album, Moon musicis due for release on October 4. Coldplay’s chart history in the UK is impeccable. Each of their nine albums has reached No. 1 on the Official UK Albums Chart since their debut in 2000. Parachutes.