Definitions for theatrical producer
This page provides all possible meanings and translations of the word theatrical producer
someone who produces theatrical performances
A theatrical producer is a person who oversees all aspects of mounting a theatre production. The producer manages the overall financial and managerial functions of a production or venue, raises or provides financial backing, and hires personnel for creative positions. The independent producer usually initiates the production—finding the script and starting the process. The producer finds the director and pursues the primary goals, to balance and coordinate business and financial aspects in the service of the creative realization of the playwright's vision. This may include casting, but often only includes casting approval. The producer may secure funds for the production, either through their own company or by bringing investors into the production in a limited partnership agreement. In this business structure, the producer becomes the general partner with unlimited liability, and because of this, often brings in other general partners. The producer probably has optioned the play from the playwright, which includes rights to future production for film and television. The producer earns the right to future ventures because the original theatrical production enhances the value of an artistic property. This right to further options may be included in the royalty agreement. In other duties, the producer may work with theatrical agents, negotiate with unions, find other staff, secure the theatre and rehearsal hall, obtain liability and workers' compensation insurance, and post bonds with unions.
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"theatrical producer." Definitions.net. STANDS4 LLC, 2015. Web. 26 May 2015. <http://www.definitions.net/definition/theatrical producer>.