Production company

Production company is a business that provides the physical basis for works in the fields of performing arts, new media art, cinema, television, radio, comics, interactive arts (such as video games), websites (such as websites for music and video), and video games (such as video games for children). To create the media, production teams are made up of people that work in the technological field. In general, the phrase refers to any and all people who are responsible for the technical elements of developing a certain product, regardless of where in the process their knowledge is needed or how long they have been engaged in the venture. For example, in a theatrical production, the production team includes not only the running staff, but also the theatrical producer, designers, and the director of the show.

Production companies may raise funds for their own projects, or they may work with a parent company, business partner, or private investor to get funds for their projects. There are many departments that deal with budgeting, scheduling, screenwriting, talent and resource supply and management, staff organisation and management, the actual production process, post-production, distribution, and marketing.[1]

Production businesses are often either owned by or under contract with a media conglomerate, film studio, entertainment corporation, or Motion Picture Company, which acts as the production company's partner or parent company, as well as with other production companies. The "studio system" is the term used to describe this configuration. Independent studios generally prefer to work with a production house (such as Lionsgate), although they may also work as a production studio or production team on occasion (see Amazon Studios or Rooster Teeth). If we were talking about television, a production firm would fall under the umbrella of a television network. Co-productions allow production firms to collaborate on a project. In the music industry, the phrase "production team" generally refers to a group of people who work together to fulfil the position of "record producer," which is traditionally filled by a single individual. Matmos and D-Influence are only a few of instances of collaborative musical production teams.

## References[edit]

1. ↑ "What is a Production Company and Why Do I Need One?". Production-Companes.net. Archived from the original on 8 November 2011. Retrieved 26 October 2011.