Perhaps you have watched countless movies and seen the term "executive producer" in the opening and closing credits or listened to a number of music CD's and seen the term in the liner notes, yet have no idea as to an executive producer's role or function. Executive producers oversee an entire production and may report to financiers, distributors and other company executives. Salaries for executive producers have wide ranges and top producers earn six-figure salaries.
Other People Are Reading
The median annual salary for producers, which includes executive producers, is £41,879 as of 2008 according to the Bureau of Labor Statistics. The middle 50 per cent earn between £27,228 and £68,295 on average as of 2008. PayScale lists a slight difference with a salary range for executive producers between £28,944 and £108,342 at the time of publication. PayScale's numbers are representative of executive producers in the television industry.
Television and Film Executive Producers
A television and film executive producer’s chief responsibility is to ensure that projects complete on time, on budget and meet artistic and technical standards. The average salary for a television executive producer is between £34,603 and £72,366 annually at the time of publication, compared to film executive producers who earn on average between £38,217 and £76,200 annually according to the website, Job Description Guide. The website also notes that television and film executive producers in New York and California earn the highest salaries with averages between £58,854 to £109, 768 and an average annual salary of £78,344. Top executive producers, such as Dick Wolf creator of "Law and Order," earned £45 million dollars in the period 2010 to 2011. He has a net worth of £162 million dollars at the time of publication.
Music Executive Producers
Executive producers in the music industry may participate in the selection of songs and musicians in addition to assisting with the marketing of music. They earn an average salary between £27,878 and £72,312 annually according to Inside Jobs. Top executive producers in the music industry such as Sean Combs and Clive Davis earn annual million dollar salaries, in part because they own major record companies. Executive producers contracted by artists and record companies may earn "points," or a percentage of the revenues from album sales.
Video Game Executive Producers
The starting salary for executive producers in the video game industry is £32,500 per year on average according to Animation Arena website. Those with more than six years experience may earn as much as £53,300 yearly and those with more than six years experience earn six-figure salaries. Unlike executive producers in the television, film and music industries, it is not customary for those in the video game industry to earn annual million dollar salaries. Among the duties of a video game executive producer are ensuring games complete on schedule and within budget.
- 20 of the funniest online reviews ever
- 14 Biggest lies people tell in online dating sites
- Hilarious things Google thinks you're trying to search for