Media Production

 In order for a book to even begin to be made into a film, there must be a negotiation of a deal in contemporary Hollywood. The idea must be pitched to a studio, and if the producer has a story from a pre-existing book to work off, this may be more appealing than an entirely new and uncertain concept. 

For a book adaptation to be successful, the producer will want a deal with one of the major studios to allow the film to have a high budget. There are currently six major studios in Hollywood that have survived for over seventy years: 

• Warner Bros
• Sony Pictures
• Universal
• Disney
• Paramount
• 20th Century Fox

Warner Bros took the risk of turning the Harry Potter series into a film franchise which earned them $7.7 billion world-wide. 

Stephen King's novel Carrie was turned into a film in 1976 by Red Bank Films. The budget was 1.8 million dollars and it produced 33.8 million dollars, turning over a large profit. 

Following the success of Stephen King's book adaptations, Warner Bros turned The Shining into a Hollywood blockbuster. They invested a $19 million budget and earned $47 million at box office. The prior success of his other novels meant that film companies had more confidence that they would be successful and would therefore invest more money into them.