Not all box-office hits are "green-lit" (accepted) by the studios at first glance. There is a process called turnaround." Turnaround is the process when a movie studio or the person financing the movie doesn’t want to spend any more money on the script, so it goes into abandonment. If the screenplay has a turnaround clause, the producer or movie studio can sell the screenplay to other companies and simply need to pay back the original cost to the studio with interest to the studio that put it through abandonment. A few turnaround movies are ET, Forrest Gump, and Shakespeare in Love. If a project goes into turnaround and no one picks it up then its dead and the producer or movie studio should move on. Also, during this whole process the script, producer, talent, or director can all change.
So, next time you see a movie you really enjoyed, know that it takes more than just money to make it.
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