Definition & Meaning of "housekeeping deal"

What is a "housekeeping deal"?

A housekeeping deal is a contract between a producer and a studio that outlines the management and administrative tasks for a film project. This includes handling accounting, distribution, legal matters, and other logistical aspects necessary to bring the project to completion. The deal ensures that these essential behind-the-scenes functions are taken care of, allowing the producer to focus on the creative aspects of filmmaking.