eli5 : What’s the job of Executive Producers on movies and TV series? How much to they contribute to the overall finished product and what differentiates them from regular producers?
It depends. Mostly, executive producers are just the guys fronting most of the money for the movie. Producers are the guys who help run the production and get the movie made.
Here’s Drake on what he does as an executive producer of Euphoria:
Executive Producers, along with other producers, are the business side of a TV show or movie. The ones who line up financing/set budget, allocate that budget to hire the actors, hire writers, build sets and arrange locations, hire crew, rent equipment, pay for all the post-filming editing, effects, etc. as well as distribution, marketing.
Typically executive producers are the ones who have an equity stake in the endevor. They may have invested their own money into the production, as well as been the one to sell it to investors (or sell the show to a network). They are ones who earn royalties for sales, streaming rights, syndication, etc. They are typically the production company head or the person in charge of a film, but you’ll also often see stars listed as executive producers meaning they not only get their salary but also get a cut of royalties going forward.
That depends entirely on which movie or TV series is involved. Union rules have been instituted limiting who qualifies for an EP credit, but they’re pretty broad.
They provide money. Production is expensive and needs money. The money comes from producers. Executive producer is basically a fancy title for “this person contributed their resources to aid in the production of this production”.