Coldplay Fires Back: Countersuing Ex-Manager Dave Holmes for $17M

Coldplay is countersuing their former manager, Dave Holmes, for $17 million, claiming that he mismanaged their Music Of The Spheres Tour, resulting in financial issues. The band alleges that Holmes spent $10 million on unusable bespoke stage pylons and an oversized video screen. They also accuse him of borrowing $20 million from tour promoter Live Nation for a property development project in Canada. Holmes maintains that Coldplay is refusing to honor their contract and owes him unpaid commission.