To work as a studio executive, you will first need to have a college degree. Work experience related to this profession is also an important component of an executive's resume.
A studio executive is the chief executive in the film industry, responsible for the staffing and operation of a studio. This career may appeal to individuals interested in the behind the scenes of the film industry, and those willing to work their way up through the ranks. Most studio executives have a bachelor's degree and several years of industry experience.
|Required Education||Bachelor's degree in liberal arts or business administration|
|Other Requirements||3-4 years of experience in a related occupation|
|Projected Job Growth (2018-2028)*||5% (Producers and Directors)|
|Median Annual Salary (2018)*||$71,680 (Producers and Directors)|
Source: *U.S. Bureau of Labor Statistics (BLS)
A studio executive is generally the head of a studio, much like the chief executive officer in other businesses. He or she may be one of several top management or production staff in the film studio. The studio executive manages the overall operation of a studio.
Studio executives receive pitches from agents who are selling their film scripts, and these executives may take home as many as 10 scripts per weekend to read. After reviewing the scripts, studio executives make decisions about which films go into production, and are then responsible for all financing, producing, publicizing, and distribution of those films.
A studio executive manages a large staff, including the financial manager, the business manager, accountants, lawyers, and other personnel. The studio executive reports to a board of directors and stockholders.
Entry-level jobs are generally obtained on documentary, business, educational, industrial, government films, or music videos before progressing to more senior level studio jobs. It can take up to three or four years to move up to the executive level in a film studio. Most managers who have worked their way up to executive positions have a bachelor's degree in liberal arts or business administration.
Those wishing to acquire an education and experience in film studios can attend one of many colleges and universities offering undergraduate degrees in film studies. Not only do the schools teach film theory and screenwriting, but they also offer internship opportunities for students to work in film studios in order to gain experience and make contacts.
Salary Info and Job Outlook
The BLS projected a median wage of $71,680 in May 2018 for all directors and producers. The BLS projects the employment of producers and directors will likely grow by about 5% between 2018 and 2028, a rate as fast as average predicted for all occupations.
From 2018-2028, job opportunities are expected to increase as fast as average for all producers and directors. Salary and job duties differ for professionals depending on if they specialize in television or film production. Substantial work experience and a bachelor's degree in business or the arts are usually imperative for these professionals.