In the context of the film and television industries, to green-light something is to formally approve its production finance and to commit to this financing, thereby allowing the project to proceed from the development phase to pre-production and principal photography. The power to green-light a project is generally reserved to those in a project or financial management role within an organization. The process of taking a project from pitch to green light formed the basis of a successful reality TV show titled Project Greenlight.[2]
At the Big Five major film studios in the United States and the mini-majors, green-light power is generally exercised by committees of the studios' high-level executives.[3] However, the studio president, chairman, or chief executive is usually the person who makes the final judgment call.[3] For the largest film budgets involving several hundred million U.S. dollars, the chief executive officer or chief operating officer of the studio's parent conglomerate may hold final green-light authority.[3]
green, light, other, uses, green, light, look, green, light, wiktionary, free, dictionary, green, light, give, permission, proceed, with, project, term, reference, green, traffic, signal, indicating, ahead, traffic, lights, display, green, indicate, ahead, fil. For other uses see Green Light Look up green light in Wiktionary the free dictionary To green light is to give permission to proceed with a project 1 The term is a reference to the green traffic signal indicating go ahead Traffic lights display green to indicate go ahead Film industry EditIn the context of the film and television industries to green light something is to formally approve its production finance and to commit to this financing thereby allowing the project to proceed from the development phase to pre production and principal photography The power to green light a project is generally reserved to those in a project or financial management role within an organization The process of taking a project from pitch to green light formed the basis of a successful reality TV show titled Project Greenlight 2 At the Big Five major film studios in the United States and the mini majors green light power is generally exercised by committees of the studios high level executives 3 However the studio president chairman or chief executive is usually the person who makes the final judgment call 3 For the largest film budgets involving several hundred million U S dollars the chief executive officer or chief operating officer of the studio s parent conglomerate may hold final green light authority 3 References Edit Green light dictionary definition Encyclopedia com 2020 05 02 Retrieved 2020 05 11 Project Greenlight HBO Archived from the original on December 18 2008 Retrieved January 17 2009 a b c Lang Brent Shaw Lucas 2013 11 19 Who Has Greenlight Power in Hollywood A Studio by Studio Guide TheWrap Retrieved 2020 05 11 This article related to film or motion picture terminology is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Green light amp oldid 1107440523, wikipedia, wiki, book, books, library,
