How do Hollywood studios handle the process of film script analysis and development?

In Hollywood, the process of film script analysis and development typically involves multiple stages and a variety of professionals.

After a screenwriter has completed a draft of a script, it is usually submitted to a literary agent or a script consultant for feedback. The agent or consultant may suggest revisions and provide guidance on how to improve the script. If the script is promising, it may then be submitted to a production company or studio for further analysis.

Once a production company or studio has expressed interest in a script, it may go through several rounds of analysis and development. The first stage of this process is usually a script coverage, in which a reader provides a detailed analysis of the script's strengths and weaknesses. The reader may also provide suggestions for revisions and improvements.

If the script passes the coverage stage, it may then be given to a development executive, who will work with the writer to make revisions and prepare the script for production. This may involve additional drafts and notes from the executive and other studio personnel, including directors and producers.

The final stage of script development involves a greenlight meeting, in which the studio executives decide whether to proceed with production. If the script is approved, it may then move into pre-production, where casting, location scouting, and other preparations are made before shooting begins.