Verzögerter Zahlungseingang durch schlecht geregelte Zahlungsbedingungen in Auftrittsverträgen

Definition

Arts Law notes that entertainment industry legislation and best practice require that performer representatives pay performers within 14 days of receiving money, venue representatives must pay performers within 14 days of receipt, and entertainment industry hirers must pay the performer within one calendar month of the performance unless otherwise agreed in writing.[5] Performance agreements are expected to set out terms of payment—when, how much and by which method—to provide certainty and avoid disputes.[2][4] In practice, many small venues and self‑managed artists operate on loosely defined terms (“we’ll fix you up after the show” or “we’ll EFT next week”), often without automated invoicing or tracking, which stretches time‑to‑cash beyond the 14–30 day expectations. Logic: If a working artist has 10–20 outstanding gigs at any time with average fees of AUD 300–400, then AUD 3,000–8,000 can be tied up in receivables, with payments often slipping beyond 30 days when payment obligations are not clearly enforced or monitored. This also increases admin time chasing payments.

Why This Matters

The Pitch: Australian live musicians 🇦🇺 routinely wait 14–30+ days for gig payments, tying up AUD 2,000–8,000 in receivables. Automating contract clauses, invoicing and follow‑up can cut days‑sales‑outstanding by 30–50% and free up working capital.

Affected Stakeholders

Performers (bands, solo artists, DJs), Performer representatives (agents, managers), Venue operators, Festival organisers, Accountants/bookkeepers for artists and venues

Related Business Risks