If you’ve ever wondered, “What does an executive producer do, anyway?”, then you’ve come to the right place! The world of filmmaking is an exciting one for many people. But for those outside the filmmaking sphere, or those just dipping their toes in the industry, a lot of mystery surrounds most production jobs. And this is certainly the case when it comes to the role of an executive producer.
A film shoot is a well-oiled machine, and being on set is an important milestone for filmmakers and other production crew staff. To show up confidently, it is crucial to understand the different mechanics of production. This includes who’s who on set, what they do, and why it matters. So, let’s start at the top. One of the biggest players in the filmmaking process is the executive producer. But what does an executive producer do? Executive producers, much like the Concierge Team here on Peerspace, are there to help ease the creation process and make planning your next project less stressful. We’ll explain the ins and outs of their role ahead.
What is an executive producer?
An executive producer is in charge of sourcing funding for films. They seek funding from independent film financing companies, film studios such as Warner Brothers, or from their own pocket. Because of this, an executive producer must be well connected with investors and savvy about what the film marketplace wants. They are also in charge of the other producers on the production, as in they make the executive decisions.
Plus, executive producers tend to oversee most aspects of a production, from the time the script is in hand until the feature is on screen. Overall, it is a role that requires a strong leader with business savvy.
Does this apply to TV executive producers too?
No, in fact, TV executive producers are very different from the executive producers in film. TV executive producers aren’t in charge of financing but serve as the creative foundation for television shows. In other words, they are the idea people.
As the show’s creator, head writer, and showrunner, these executive producers wear many hats and oversee the overall development of the story. During production, they take care of the day-to-day personnel management and make sure that everyone involved feels valued. In contrast, executive producers for films typically stick to the logistical, financial issues.
What does an executive producer do?
Most of an executive producer’s involvement is during the development process of a film. During this time, a film is in its infancy and might not have a crew or even a finished script. The executive producer works with a line producer on a budget to submit for approval if studio funding is involved. Even the most independent of productions need a thoughtful budget to support creative decisions and assemble a dedicated crew.
Talent seekers
Another critical part of the executive producer’s role in development is to help secure the talent. Seeking out “marquee talent” (well-known actors) can attract financiers who recognize the benefits of an actor’s popularity. Audiences will pack the theater to watch their favorite actors on screen. When trying to secure as much funding as possible, landing marquee talent in the development stage is pivotal.
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