It varies widely. Basically, a producer is responsible for the logistical and financial production of the film, rather than the creative side. A producer might just be someone who gets the film funded and pays the employees. They might be the one handling high level financial decisions like paying for a studio or for the permits to film on location. They might be the one hiring the director and other important creatives to make the movie.
Some producers are credited just because they wrote a check and helped pay for the film, while others are more actively involved in the logistics and back-end work needed to make the film possible.
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