Australian theatre production company David Venn Enterprises has collapsed with debts totaling $7.5 million, leaving dozens of cast and crew unpaid and sparking controversy over the launch of a new venture tied to the same producer.

As reported by Sky News Australia, David Venn Enterprises, the firm behind Elvis: A Musical Revolution and Cruel Intentions: The 90s Musical, went into liquidation in August 2024. The company left 77 creditors unpaid, including media agencies, hotels, Meta, and nearly $440,000 in outstanding pension payments. $744,000 had been distributed to former staff through the Fair Entitlements Guarantee program.

The liquidation report indicated the company may have traded while insolvent for over a year and identified 17 questionable director-related transactions.

Despite the financial…