Executive producer career path is becoming one of the career that requires formal studies, as more and more competition coming in new generation start competing with traditional self study producers. Executive producer commonly designated as EP is an individual or a team with various producers depending on the scale of the film, within functional position in the film industry or specific for the production of film commercial commonly known as TVC (Tv Commercial), see typical profile of aerotekfilms executive producer.
What is Executive producer responsibility
Executive producer career may be achieved if you focus on the field continuously with focus, is responsible in early stage of film or TV commercial, from planning stage with regards to financial and budgeting, they plan about hiring team, including, producer, directors, locations, permits, legal and administrative matters prior to start the film production. Once the budgeting is identified, the EP will have to propose and plan the financing, normally producer work with advertising agency or rarely for small scale direct to the film product for non TVC. Producer then secure the means of fund either advance, check or bank guarantee to assure that the production house can run the production within planned budget especially on TV commercial.
Executive producer role in film is slightly differ in term of financial aspects, where the producer may also have to seek for an investor who will in turn review the commercial return of the film.
Oversight
Once the planned budget is completed, the EP have to oversight the production that it will performed within their plan, particularly the time planning, to assure that the plan what they will do and they stick to the plan.
Any deviation to the plan may increase their cost and the client may not want to change their approved budget as they already commit, unless the changes is due to their contribution and or due to nature, in this case the contract have to stipulate the deviation to the plan that have to be stated clearly in contract, otherwise you may want to pay extra for insurance to avoid significant losses.
Requirement to buildexecutive producer career
There is no specific requirement if you want to become an EP, Executive producer career path may be achieved with so many ways, normally the client will work with you based upon your experience and perhaps words of mouth. Although the best and quickest way to achieve this career is by doing formal film education, however another alternative means is to demonstrate or proof your completed work or you may want to ask your previous team to make testimony, that may be describes either in a letter of accomplishment or as simple as posting on social media such as linkedin.
Education background of film producer
In the past, there is no specific educational requirement to become an executive producers, although the formal education is available. However these days and future education is one of the best startup to initialized your career path in film productions, either TV commercial, Documentary or films.
Salary Range
In the US, the salary range for Producers and director in 2016 from BLS data were paid about US$ 34 / hour or US$ 70,950 per annum with the average jobs availability of about 122600 jobs and 9% increase outlook. Therefore there are about 335 jobs daily being offered to the director and producers.
The film industry is one of the dynamic industry that require higly specialized individuals that have to work well in a team, they work in a high pace to achieve target, and they are mostly classified until the launching day. If you are a self fast learner, and willing to pursue your career in film industry, start with identifying area of your interest, either producer, executive producer, directors etc. Once you identify your target, then you make sure you are clear on the personnel involved, equipment and facility as well as the environments. Check the definition and terminology to start with, then observe some of the film making or involved as junior staff then walk your way to the targeted position, by gaining basic requirement and step by step increasing your exposure in film industry, you will definitely increase your Executive producer career path in 20th century.