All is Not Well in Nollywood.and the Nigerian Film Industry.
All that glitters is not gold.
Majority of the producers. directors, actors. actresses and other practitioners in the Nigerian film industry are facing critical economic challenges ignored by the Nigerian government.
An official of the National Film and Video Censors Board (NFVCB) invited me for a meeting on how to get distribution for thousands of new movies, because only about 100 -200 get acquired by the MultiChoice Group, Startimes, Netflix, Amazon Prime Video and Showmax. The Nigerian Television Authority (NTA) stations and local private TV stations don't have enough budgets to acquire the movies and series. The are grossly underfunded.
The loads of local content without acquisition and distribution are either on YouTube or put aside in drawers. The producers are heart broken and depressed, because their investments have failed to produce the returns on investment and have left them bankrupt.
The cinemas are having challenges due to high costs of recurrent expenditure in Nigeria.
If, you are in doubt, you must be from another planet.
We have humanitarian emergencies in Nollywood that most people are not bothered about.
I have always helped whenever I could in spite of my own critical economic challenges.
I have done my best for the overall benefit of all in Nollywood and the Nigerian film industry and I am still doing my best locally and globally to increase the appreciation, acquisition and distribution of Nigerian movies and series.
Presently, I am targeting new Internatonal markets in the Americas, Asia and Eastern Europe where I have attracted potential partners for acquisition, distribution and co-production.
The federal government and responsible ministries must address these challenges if we want the best for Nollywood and the Nigerian film industry.
Publisher/Editor,
NOLLYWOOD MIRROR® Series.
The first book series on Nollywood and the Nigerian film industry since 2013.
#nollywood
#economiccrunch
#bankruptcy
#producers
#directors
#filmmakers
#actors
#photographers
#cinematographers
#acquisition
#distribution
#production
#partnerships
#partners
#netflix
Memory of October 20, 2020 Has Been Released on Selar
"Memory of October 20, 2020" photo documentary on the aftermath of the tragic EndSARs protests in Lekki on October 20, 2020 in Lagos and other parts of Nigeria is of historical significance showing one of the survivors having sleepless nights of the nightmares. The photo documentary shows the 🌃 nightmares of his trauma.
View on Selar
#memoir
No comments:
Post a Comment