A major production company
releases a substantial number of films annually and gets a share of box-office revenues.
In the Western and global markets, the major film studios various movie
production and distribution subsidiaries command approximately 90% of the U.S.
box office. The "Big Six" majors, whose operations are based in or around Hollywood, are all based
in film
studios active during Hollywood's Golden Age of the
1930s and 1940s. In three cases—20th Century Fox, Warner Bros., and Paramount—the studios were one of the "Big Five"
majors during that era as well. In two cases—Columbia and Universal—the
studios were also considered majors, but in the next tier down, part of the
"Little Three". In the sixth case, Walt Disney Studios was an independent
production company during the Golden Age; it was an important Hollywood entity,
but not a major.
A production company is responsible for the development and
filming of a specific production. Firstly is the pre-production
phase. Most productions never reach this phase for financing or talent reasons.
In pre-production, the actors are signed on and prepared for their roles, crew
is signed on, shooting locations are found, sets are built or acquired, and the
proper shooting permits are acquired for on location shooting.
Next, a production begins filming. Most productions are never
cancelled once they reach this phase. In many cases, the director, producers,
and the leading actors are often the only people with access to a full or
majority of a single script. Supporting actors, background actors, and crew
often never receive a full copy of a specific script to prevent leaks.
Productions are often shot in secured studios, with limited to no public
access, but they are also shot on location on secured sets or locations.
After filming, is post production, which is overseen by the
production company. The editing, musical score, visual effects, re-recording of
the dialog, and sound effects are "mixed" to create the final film,
which is then screened. Marketing is also launched during this phase, such as
the release of trailers and posters. Once a final film has been approved, the
film is taken over by the distributors, who then release the film.