Coldplay resolves lawsuit with ex-manager Dave Holmes after being sued for unpaid commissions

Dave Holmes filed a lawsuit claiming unpaid commissions related to Coldplay's unreleased albums.

Coldplay has reportedly reached a settlement in a legal dispute with former manager Dave Holmes. Documents from London’s High Court, obtained by The Sun, indicate that the band agreed to an undisclosed seven-figure sum to prevent further details from being made public.

The band, known for hits like "Fix You," parted ways with Holmes in 2022 after a collaboration spanning over 20 years. 

Holmes subsequently filed a lawsuit claiming £10 million in unpaid commissions related to Coldplay's unreleased tenth and eleventh albums.

According to Holmes, he was involved in organizing recording sessions, clearing samples, and working with producer Max Martin before their professional relationship soured over contract disputes.

In response, Coldplay launched a counter-suit against Holmes for £14 million, alleging mismanagement of budgeting during their Music of the Spheres tour. 

This legal action led to both parties making competing claims in London’s High Court, each seeking substantial financial compensation.

“Chris and the band are happy they’ve drawn a line in the sand but it has come at a price,” a source added to the DailyMail.

“The settlement cost them millions. They just want to move on.”

In the contentious legal battle, Coldplay claims that Holmes secured two loans totaling approximately $30 million (£25 million) from Live Nation promoters.