The most common and most likely answer to this crossword clue is the 8 letter word COMEDIES
I've seen this crossword clue in Independent
C
O
M
E
D
I
E
S
Buddy explains!
The straight part
We know that "performances" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case performances = comedies.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does COMEDIES mean?
COMEDIES noun- A choric song of celebration or revel, especially in Ancient Greece.
- A light, amusing play with a happy ending.
- (Medieval Europe) A narrative poem with an agreeable ending (e.g., The Divine Comedy).
- A dramatic work that is light and humorous or satirical in tone.
- The genre of such works.
- Entertainment composed of jokes, satire, or humorous performance.
- The art of composing comedy.
- A humorous event.