How much does a top movie producer make?
A 2017 report from the Hollywood Reporter found that top-earning producers can make millions of dollars per film, while the average studio producer makes around $750,000 per film and first-time studio producers earn about $250,000 per film, though these figures are dependent on an individual producer's compensation ...
The Bureau of Labor Statistics places the median annual salary of both producers and directors at $74,420 as of May 2019. The top 10 percent of earners make more than $173,680. The median salary is the salary in the middle, which means that half of all producers and directors make more than this amount.
Rank | Name | Worldwide Box Office |
---|---|---|
1 | Kevin Feige | $27,384,728,594 |
2 | Kathleen Kennedy | $12,900,211,684 |
3 | Jerry Bruckheimer | $12,279,113,580 |
4 | David Heyman | $11,898,217,041 |
Directors generally earn the same amount of money as producers, according to the Bureau of Labor statistics. However, some directors can can make millions from projects, especially if they take a cut from a successful film's earnings.
A Producer can receive an average pay level of between $36,070 - $184,660 depending on experience and talent. can get a compensation of ninety-six thousand six hundred and ninety dollars on a yearly basis.
Producer Fees
The rule of thumb for producers is 5% of the budget, but that rule only applies up to about a $5 million budget. Generally, the fee is based on what the producer has earned in the past, and caps out in the $150,000 to $250,000 range for most producers of indie films.
Overview. Films and television shows, just like songs, are creative works that are protected by copyright. As such, the owners of film copyrights are entitled to royalties when their products are used. In film and television, the copyright owners are typically the producers.
Unlike the artist, the producer usually receives his royalty from the first record sold after recoupment of recording costs (usually an advance to the producer).
After the release of the movie, it earns revenue from theater collections, selling of distribution rights, selling of broadcasting rights, selling of DVDs and VCDs etc. If this revenue exceeds the expense, then the movie has made a profit. This profit goes to the producer. Thus the producer earns money from the movie.
How do producers raise money for movies?
A production can get recouped a substantial share of their budgets from tax credits, government subsidies, tax schemes, grants and film funds. Everyone likes tax credits and producers are wise to avoid allowing investors to take a share of them if possible.
A producer is the person responsible for finding and launching a project; arranging financing financing; hiring writers, a director, and key members of the creative team; and overseeing all elements of pre-production, production and post-production, right up to release.
The salaries of Film Producers in the US range from $10,488 to $250,000 , with a median salary of $38,821 . The middle 57% of Film Producers makes between $38,821 and $109,195, with the top 86% making $250,000.
After the release of the movie, it earns revenue from theater collections, selling of distribution rights, selling of broadcasting rights, selling of DVDs and VCDs etc. If this revenue exceeds the expense, then the movie has made a profit. This profit goes to the producer. Thus the producer earns money from the movie.
- George Lucas. $10 Billion. ...
- Steven Spielberg. $8 Billion. ...
- Peter Jackson. $1 Billion. ...
- Tyler Perry. $800 Million. ...
- James Cameron. $700 Million. ...
- Michael Bay. $450 Million. ...
- Mel Gibson. $425 Million. ...
- Francis Ford Coppola. $400 Million.
Executive producers earned average annual salaries of $78,252 as of 2020, according to the job website Indeed. They also received an average of $16,500 in additional compensation. This is about 25 percent higher than the average wages the U.S. Bureau of Labor Statistics reports for a producer – $74,420 annually.