An executive producer oversees the production of a film, album, or other major media product, either in a behind-the-scenes or hands-on capacity. The job description of an executive producer requires the funds to back this project, strong leadership skills, and a background in film, television, music, or journalism.
An executive producer ensures that a project stays on schedule and within budget, assists in the hiring and termination of team members brought on to complete that project, and offers the final word of approval on the finished product.
Essential Duties and Responsibilities of an Executive Producer
•Selects artists, directors, and crew members to work on the film, television show, album, or single.
•Interviews industry professionals to determine their fit for a position.
•Works with the legal department to draw up contracts for artists and crewmembers.
•Provides a percentage of the funds necessary to start the project.
•Draws up project budget and ensures that all expenses stay within that budget.
•Approves or denies all requests for materials, props, additional time, and additional crew.
•Schedules time frame for completion of contract.
•Oversees day-to-day production processes to ensure activities are running according to schedule.
•Resolves any problems or interruptions in production.
•Reviews finished product to determine its quality and readiness for release.
•Assists in overseeing the marketing and promotion of the final product.
•Organizes and runs meetings with industry artists and professionals.
•Devises ideas for future projects and collaborations.
•Ensures that all financial and legal paperwork is properly drawn up and processed.
•Studies consumer base to analyze target market.
•Attends album and film releases as well as related events.
Required Knowledge, Skills and Abilities
•Demonstrates strong leadership skills.
•Communicates clearly and effectively.
•Works well with a team.
•Exhibits strong problem-solving skills.
•Maintains professional demeanor.
•Demonstrates knowledge of current media market trends.
•Possesses broad knowledge of the means of production in question.
•Exhibits familiarity with industry standards.
•Demonstrates ability to formulate a realistic budget.
•Possesses funds necessary to support a project.
•Is capable of maintaining a network of industry performers and other artists.
•Exhibits ability to think both creatively and analytically.
•Possesses excellent time management and multi-tasking skills.
•Is willing and able to travel for work-related events.
Education and Experience
•Several years of experience in the industry (film, TV, music, etc.) is required.
•Bachelor’s Degree in film, television, music, or journalism is strongly preferred.
•Some working hours will be spent in an office setting, holding meetings and processing paperwork.
•Time will also be spent on the production set or in the studio overseeing daily activity.
•Some travel for meetings, releases, and events may be required.
•The average salary for an executive producer is $100,000 per year.
•Salaries vary depending on the size of the production company and the scope of the project.