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Performer advance payments as part of the corona support programme

To provide tangible financial relief for freelance or short-term employed performers who have got into economic difficulties, GVL has decided to pay an advance to affected performers. In order to receive it, rightsholders are requested to submit an application forthe corona relief by 30 April 2020.

These payments on account, to be transferred at the end of May, are an exceptional kind of advance for performers on future distributions. The amount is not yet fixed, it depends on the number of participants and the individual expected claims from the distributions of the next years.

The advance payment made by GVL will be offset against the future remuneration to which they are entitled. Only when the advance payment has been fully covered by future remuneration for the years will new payouts be made again.

The advance payments will be offset against remuneration for the distribution years from 2015 onwards. All remuneration received by rightsholders for the regular and final distributions 2013/2014 will not be offset (regular distribution 2013/2014 planned for June 2020, final distribution 2013/2014 planned for the third quarter of 2020).

The settlement of the advance thus begins with the forthcoming regular distributions for the years 2015-2018, which begin in June 2020. The initial distribution in 2019, planned for autumn 2020, will also be offset against the advances.

The same conditions apply to the advance payment as for the previous corona aid scheme: Rightsholders who are employed exclusively on a freelance basis or on a short-term basis and who have suffered loss of fees due to Covid-19-related event or production cancellations can apply for support from GVL.

Anyone who has already made use of the corona assistance does not need to apply again. 

It should be noted that the payment of an advance/discount may have an impact on the use of state aid measures as well as on tax issues. Rightsholders therefore have the possibility to opt out of the advance payment and limit the support to the corona aid payment of € 250. 

 

The application deadline for the advanced payments was April 30, 2020.