|Producers are those who look for properties or ideas, which they believe, can be turned into lucrative film projects or television shows. A property, for example, might be the rights to dramatize a headline news story or retell a historical event (e.g. Apollo 13, Titanic). Ideas, on the other hand, can come from any source and are much easier to obtain, unless they’ve already been written in a treatment form and registered as copyright material. Producers may see numerous films, read a number of scripts, periodicals and trade magazines, and maintain a network of many contacts with literary editors and agents, Hollywood brokers, and publishers. They stay in the know on current events and trends because they do not want to miss a chance at the mega-hit movie for that summer, year or decade.
Producers put together the financial for a production and are responsible for all aspects of a film. These responsibilities include working closely with the director on the selection of script, casting principal roles, selecting visual effects and motion graphics companies, and identifying locations for filming — all decisions that greatly affect the cost of making the movie. Once financing is obtained for a picture, the producer works out a detailed budget and sees to it that the production costs stay within the budget. In a large production, the producer also works closely with production managers who are in charge of crews, travel, casting, and equipment.
An Independent producer may hire a large number of neophyte freelance workers on a project that requires a lot of person-hours. The producer may need only seven new people but will hire ten because he knows that some will not be able to make the grade. Usually, by the end of the first day, he will let two or three workers go and end up with the dedicated, hard-working people he really needs.