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?
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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.
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