Green-light
Multi tool use
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Look up green-light in Wiktionary, the free dictionary. |
Traffic lights display green to indicate "go ahead".
To green-light is to give permission or a go ahead to move forward with a project.[1] The term is a reference to the green traffic signal, indicating "go ahead". 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 move forward 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 Six 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
^ "Green light (dictionary definition)". Encyclopedia.com. Retrieved January 17, 2009..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output q{quotes:"""""""'""'"}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-limited a,.mw-parser-output .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}
^ "Project Greenlight". HBO. Archived from the original on December 18, 2008. Retrieved January 17, 2009.
^ abc Lang, Brent; Lucas Shaw (19 November 2013). "Who Has Greenlight Power in Hollywood? A Studio-by-Studio Guide". The Wrap. The Wrap News Inc. Retrieved 29 March 2015.
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