Settlement happens after the last song, usually in an office with a printout and a calculator. It is the moment the artist finds out how the show did.
What is on the table
- The box office report: tickets sold by price band, comps and holds
- Agreed deductions: VAT, ticketing fees, and any costs written into the deal
- The deposit already paid
- Withholding tax, deducted and receipted
- Merchandise, when the venue takes a cut
Who attends
The tour manager for the artist, the promoter or their production manager for the venue. On a flat Guarantee with the deposit paid there is nothing to work out, so settlement is a signature and a transfer.
What to bring
The contract, the deposit receipt, tax residency papers and bank details. Ask for the box office report as a document rather than a number read out, and keep it. Disputes surface weeks later, not on the night.