In the context of the film and television industries, to greenlight is to give permission to proceed with a project. [1] [2] [3] It specifically refers to formally approving its production finance and committing to this financing, thereby allowing the project to proceed from the development phase to pre-production and principal photography. The power to greenlight a project is generally reserved to those in a project or financial management role within an organization. The process of taking a project from pitch to green light formed the basis of a successful reality TV show titled Project Greenlight . [4] The term is a reference to the green traffic signal, indicating "go ahead".
At the Big Five major film studios in the United States and the mini-majors, greenlight power is generally exercised by committees of the studios' high-level executives. [5] However, the studio president, chairman, or chief executive is usually the person who makes the final judgment call. [5] For the largest film budgets involving several hundred million U.S. dollars, the chief executive officer or chief operating officer of the studio's parent media conglomerate may hold final greenlight authority. [5] In practical terms, greenlight power in the 21st century at major film studios means the power to commit the studio to spending about US$100 million, on average, for a feature-length motion picture designated for wide release for the North American market. [2] Historically, this power was exclusively held by white male executives in Hollywood, though the status quo has slowly begun to change since the turn of the 21st century. [6] UCLA reported in 2020 that senior management teams at Hollywood film studios were 93 percent white and 80 percent male. [6]
Studio executives weigh many factors when deciding whether to greenlight films, of which a few include: the film already has a bankable star or director attached; the film has a "built-in audience" because it is related to an existing media franchise; the story resonates with a wide audience, evokes passionate emotions, or causes viewers to lean forward in eager anticipation of whatever happens next; the hero is likable and relatable; the film can be marketed to all four quadrants; and the film can be distributed widely through multiple windows and into multiple international markets. [2]
Metro-Goldwyn-Mayer Studios Inc., is an American media company specializing in film and television production and distribution based in Beverly Hills, California. It was founded on April 17, 1924 and has been owned by the Amazon MGM Studios subsidiary of Amazon since 2022.
Orion Releasing, LLC is an American film production and distribution company owned by the Amazon MGM Studios subsidiary of Amazon. In its original operating period, the company produced and released films from 1978 until 1999 and was also involved in television production and syndication throughout the 1980s until the early 1990s. It was formed in 1978 as a joint venture between Warner Bros. and three former senior executives at United Artists. From its founding until its buyout by MGM in the late 1990s, Orion was considered one of the largest mini-major studios.
Development hell, also known as development purgatory or development limbo, is media and software industry jargon for a project, concept, or idea that remains in a stage of early development for a long time because of legal, technical, or artistic challenges. A work may move between many sets of artistic leadership, crews, scripts, game engines, or studios. Many projects which end up in development hell never progress into production, and are gradually abandoned by the involved parties.
The cinema of the United States, consisting mainly of major film studios along with some independent films, has had a large effect on the global film industry since the early 20th century.
Filmmaking or film production is the process by which a motion picture is produced. Filmmaking involves a number of complex and discrete stages, beginning with an initial story, idea, or commission. Production then continues through screenwriting, casting, pre-production, shooting, sound recording, post-production, and screening the finished product before an audience, which may result in a film release and exhibition. The process is nonlinear, as the director typically shoots the script out of sequence, repeats shots as needed, and puts them together through editing later. Filmmaking occurs in a variety of economic, social, and political contexts around the world, and uses a variety of technologies and cinematic techniques to make theatrical films, episodic films for television and streaming platforms, music videos, and promotional and educational films.
Marvel Studios, LLC is an American film and television production company. Marvel Studios is the creator of the Marvel Cinematic Universe (MCU), a media franchise and shared universe of films and television series produced by the studio, based on characters that appear in Marvel Comics publications. The studio was founded by Avi Arad as part of Marvel Entertainment and has been led by producer Kevin Feige, who serves as its president, since 2007. The studio originally licensed the film rights to several Marvel characters before beginning to produce its own films in 2004, and has since regained many of those rights. It has been owned by the Walt Disney Company since 2009, and has been a subsidiary of Walt Disney Studios since August 2015, where it is part of Disney Entertainment. Walt Disney Studios Motion Pictures has distributed most of the studio's films since The Avengers (2012).
The Walt Disney Studios is a major division of the Disney Entertainment business segment of The Walt Disney Company best known for housing its multifaceted film studio divisions. Founded on October 16, 1923, and based mainly at the namesake studio lot in Burbank, California, it is the seventh-oldest global film studio and the fifth-oldest in the United States, a member of the Motion Picture Association (MPA) and one of the "Big Five" major film studios.
Imagine Entertainment, formerly Imagine Films Entertainment, also known simply as Imagine, is an American film and television production company founded in November 1985 by producer Brian Grazer and director Ron Howard.
Caravan Pictures, Inc. was an American film production company at Walt Disney Studios, formed by Roger Birnbaum and Joe Roth. Caravan Pictures' films were distributed by Buena Vista Pictures Distribution.
A production company, production house, production studio, or a production team is a studio that creates works in the fields of performing arts, new media art, film, television, radio, comics, interactive arts, video games, websites, music, and video. These groups consist of technical staff and members to produce the media, and are often incorporated as a commercial publisher.
Disney Television Animation (DTVA) is an American animation studio that serves as the television animation production arm of Disney Branded Television, a division of Disney General Entertainment Content, which is a division of Disney Entertainment. The studio was originally established in 1984, by Gary Krisel during the reorganization and subsequent re-incorporation of Disney following the arrival of then CEO Michael Eisner that year.
Rhinestone is a 1984 American musical comedy film directed by Bob Clark from a screenplay by Sylvester Stallone and Phil Alden Robinson and starring Stallone, Dolly Parton, Richard Farnsworth and Ron Leibman. It is based on the 1975 hit song "Rhinestone Cowboy" written by Larry Weiss. Although a critical and financial failure, the film spawned two top 10 country hits for Parton.
A studio system is a method of filmmaking wherein the production and distribution of films is dominated by a small number of large movie studios. It is most often used in reference to Hollywood motion picture studios during the early years of the Golden Age of Hollywood from 1927 to 1948, wherein studios produced films primarily on their own filmmaking lots with creative personnel under often long-term contract, and dominated exhibition through vertical integration, i.e., the ownership or effective control of distributors and exhibition, guaranteeing additional sales of films through manipulative booking techniques such as block booking.
In the film industry, a bankable star is an actor "capable of guaranteeing box-office success simply by showing up in a movie". The bankability of an actor includes their films' box office track record, professional demeanor, and other factors. Hiring a bankable star helps a film company to secure investment, distribution, and garner media attention. Some bankable stars have so much star power that even films without a strong concept or "hook"―such as star vehicle films―are feasible to make.
Film finance is an aspect of film production that occurs during the development stage prior to pre-production, and is concerned with determining the potential value of a proposed film.
A film studio is a major entertainment company that makes films. Today, they are mostly financing and distribution entities. Additionally, they may also have their own privately owned studio facility or facilities; however, most firms in the entertainment industry have never owned their own studios, but have rented space from other companies. The day-to-day filming operations are generally handled by their production company subsidiary.
Alcon Entertainment, LLC is an American independent film and television production company, founded in 1997 by film producers Broderick Johnson and Andrew Kosove. Since its establishment, Alcon Entertainment has developed and financed films that are ultimately distributed – in the United States mostly, and internationally on occasion – by Warner Bros. Pictures, following a ten-year motion picture production agreement.
Gabriel Arce Hammond is an American financial executive, and serial entrepreneur. He is currently the founder and CEO of Emles Advisors LLC, an asset management firm.
The H Collective is a United States-based film finance, production, marketing and distribution company founded in 2017. The company was founded by Chinese financier Kenneth Huang and has Chinese and American backers. THC is headquartered in Los Angeles, and it has offices in Shanghai and Berlin. THC's "first global title" was the 2019 film Brightburn, for which it was developing a sequel in 2023. THC acquired the rights to the XXX film series from Revolution Studios in 2018 to produce a fourth film, but faced a lawsuit from Weying Galaxy in 2020 over alleged misrepresentation and unauthorized transactions concerning those rights.
Greenlight Collectibles or simply Greenlight is an American manufacturing company based in Indianapolis, which produces die-cast scale model vehicles. The company was founded in 2002, and mainly produces diecast models of cars, trucks, and other vehicles.