Fuzzle Guy has a good theory when considering that many screenplays are never turned into films. I disagree, however, because I think Fuzzle Guy is taking too literal an literal approach to this.
As a filmmaker, I've always considered (my associates concur) a film to be "started" during pre-production. Principle photography (I think this is what Fuzzle Guy means by "full production") is merely a middle-ground, and everyone I've ever worked with has always considered "full production" to be pre-production, principle photography, and post-production altogether.
A script IS, however, conception of the film (much like intercourse is the conception of a child).
Fuzzle Guy,
Your statistic was probably observing the pre pre-production stage, which is when a film beginning preparations that must take place before pre-production. Most films are canceled before they reach the pre-production stage, as this is when money starts getting spent.
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