It is a company that oversees the production of a film working independently, plan and coordinate various aspects of film production, such as selecting the script, coordinating writing, directing editing and arranging films.
During the “discovery stage,” the company finds and selects promising material for development. Then, unless the film is based on an existing script, the company has to hire a screenwriter and oversee the development of the script. Once a script is completed, the company will lead a pitch to secure the financial backing (a “green light“) to allow production to begin.
The company also supervises the pre-production, production, and post-production stages of filmmaking. One of the most important tasks is to hire the director and other key crew members. Whereas the director makes the creative decisions during the production, the company typically manages the logistics and business operations, though some directors also produce their own films. The company is tasked with making sure the film is delivered on time and within budget and has the final say on creative decisions. Finally, the company will oversee the marketing and distribution.
For various reasons, company’s cannot always supervise all of the production. In this case, the main company may hire and delegate work to executive companies.