Tasks and functions
The production company may be directly responsible for fundraising for the production or may accomplish this through a parent company, partner, or private investor. It handles budgeting, scheduling, scripting, the supply with talent and resources, the organization of staff, the production itself, post-production, distribution, and marketing.
Production companies are often either owned or under contract with a media conglomerate, film studio, entertainment company, or Motion Picture Company, who act as the production company's partner or parent company. This has become known as the "studio system". Independent studios usually prefer production house (see Lionsgate), and sometimes as a production studio or production team (see Amazon Studios or Rooster Teeth). In the case of television, a production company would serve under a television network. Production companies can work together in co-productions. In music, the term production team typically refers to a group of individuals filling the role of "record producer" usually reserved for one individual. Some examples of musical production teams include Matmos and D-Influence