Of the more than 1,000 screenplays The Black List has included since 2005, 440 have been produced as theatrical films, including Argo, American Hustle, Juno, The King's Speech, Slumdog Millionaire, Spotlight, The Revenant, The Descendants, and Hell or High Water. The website states that these are not necessarily "the best" screenplays, but rather "the most liked", since it is based on a survey of studio and production company executives. It has been published every year since 2005 on the second Friday of December by Franklin Leonard, a development executive who subsequently worked at Universal Pictures and Will Smith's Overbrook Entertainment. The Black List is an annual survey of the "most-liked" motion picture screenplays not yet produced.
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