Showing posts with label Durban. Show all posts
Showing posts with label Durban. Show all posts

Saturday, May 13, 2023

International Branding of NOLLYWOOD for the Global Market

 That the phenomenon of Nollywood has gained global recognition is a fact. But Nollywood is still lacking the required structure for competition in the global film industry and lagging behind South Africa, Egypt and Morocco.

I have addressed the shortcomings of Nollywood and the Nigerian film industry measured with the criteria for the international development of a film industry. These shortcomings are why Nigeria is not among the top 10 countries with the biggest film industries in the world.

Top 10 Film Industries 
1. Hollywood Movie Industry
2. Bollywood Film Industry
3. Chinese Cinema
4. United Kingdom of Great Britain
5. Japanese Cinema 
6. Cinema in South Korea
7. France
8. German cinema
9. Australia
10. Mexico

The constant emphasis on the large volume of movies produced annually making Nollywood the second largest producer of movies in the world after the Bollywood of India and ahead of Hollywood of the United States of America is not enough without film commissions and film markets.
Having the largest market is different from having the biggest economy.
South Africa has the biggest film industry in Africa and not Nigeria based on the annual revenues of the film industry from the box office, international co-productions, TV networks, movie merchandise and film tourism.
South Africa has the largest cinemas of the biggest film distribution and exhibition companies in Africa.
South Africa has film commissions which Nigeria does not have.
South Africa has a film market which Nigeria does not have.
South Africa has the biggest cable TV industry in Africa with MultiChoice which Nigeria does not have. 
The Nigerian Television Authority (NTA) is hyped as the largest TV network in Africa, but running a deficit annually and cannot even pay salaries without revenue allocations from the Nigerian government. 
In terms of quality of TV productions, the NTA does not have local content of international standards compared to the South African Broadcasting Corporation (SABC) that has been producing content attracting international acquisition and distribution.









The criteria for the international branding of Nollywood for the highly competitive global film industry include the top priorities of having world class international film festivals to attract the participation of the best filmmakers; international co-producers; film acquisition and distribution companies and for the promotions of movie merchandise and film tourism.
Presently among the few film festivals in Nigeria, only the annual Africa International Film Festival (AFRIFF) is rated as the best international film festival attracting some of the best filmmakers in the world with the potentials of having an international film market like the Durban FilmMart of the Durban International Film Festival in South Africa. 
AFRIFF made international news headlines in November, 2022 for cohosting the African premiere of "Black Panther: Wakanda Forever",  the 2022 American superhero film produced by Marvel Studios and distributed by Walt Disney Studios Motion Pictures.

My articles on how Nollywood can make the Nigerian film industry a multibillion dollar film industry through the opportunities for movie merchandise and film tourism have been published and widely circulated online. But the Nigerian government and the private sector are ignorant of the huge economic benefits.

The Global TV and Movie Merchandise Market is forecast to grow by $90.53 Billion during 2022-2027, accelerating at a CAGR of 9.04% during the forecast period.

Sony Pictures, Paramount Pictures, Warner Bros, Huayi Brothers, Enlight Media, Lionsgate Films, NBC Universal, Nickelodeon, TOEI COMPANY, Alpha Group, The Walt Disney Company, Twentieth Century Fox and Toho Company are the key copyright owners in the global Movie Merchandise market. The top 5 took up about 66 Percent of the global market. USA is the largest consumption regions of Movie Merchandise in the world in the past few years and it will keep increasing in the next few years. USA market took up about 50 Percent the global market, while Europe was 25 Percent, and China is followed with the share about 6 Percent.

Nigeria has awesome attractions for film tourism which I have been promoting with the publication of the NOLLYWOOD MIRROR® Series since 2013 to show the beauty of Nollywood in family friendly books to attract people worldwide. 
My popular article, "The Best Film Locations in Nigeria" has attracted thousands of readers with over 17, 000 readers on TripAdvisor.






Nollywood has attracted Netflix, Amazon Prime Video, Disney and other leading international American film and TV production and streaming companies.

The best film locations in Nigeria should be developed as international tourist attractions like the Obudu Ranch in Cross River State. Holiday resorts and hotels should be built on the locations for filmmakers and tourists.

What is the value of the global film tourism market?

As per a recent market analysis by Future Market Insights (FMI), the film tourism market is poised to reach a valuation of US$ 66.7 Billion in 2022. Sales are projected to increase at a 6.8% CAGR, with the market size reaching US$ 128.78 Billion by 2032.https://www.accesswire.com/717595/Film-Tourism-Market-is-anticipated-to-increase-at-a-high-CAGR-of-68-during-2022--2032-Future-Market-Insights-Inc

There are models for templates for the international branding of Nollywood for the global film industry which I have shown with the references to South Africa. 


By Ekenyerengozi Michael Chima,
Publisher/Editor,
NOLLYWOOD MIRROR® Series,
Executive Producer,
Screen Naija YouTube Channel,
Vuulr Program Partner
Cinewav Partner


Thursday, September 17, 2009

Robbed, Threatened and Murdered : The Top 5 Most Dangerous Holiday Destinations

17 Sep 2009 08:45 Africa/Lagos

Robbed, Threatened and Murdered : The Top 5 Most Dangerous Holiday Destinations

UTRECHT, The Netherlands, September 17/PRNewswire/ -- All holiday goers want to enjoy a carefree time. Sadly, too often holiday goers get caught up in unsafe and unpleasant situations. The holiday review website Zoover has compiled a list of holiday destinations that are best avoided if you want to enjoy a carefree and much earned vacation.


1) Durban, South Africa


In South Africa some cities are unable to guarantee your safety. Especially the harbor city of Durban is notorious as far as personal safety goes. A. Dijkhzuizen has the following warning: 'Be careful, don't just get into a taxi. You could get ambushed, robbed etc. Taxi chauffeurs are regularly murdered, especially those driving busses or vans'.


2) Rio de Janeiro, Brasil


This South American metropolis is known for its criminal activity and corruption . The reason Jeroen van den Bos won't return to Rio de Janeiro, in his words, is: 'At first glance it appears to be a beautiful city but in reality it's polluted and we were robbed at gunpoint of our money, sunglasses and sports shoes in the Ipanema suburb. The police did not make us feel any better or safer'.


3) Nairobi, Kenya


The capital of Kenya displays a large discrepancy between the wealthy and poor. Bert has the following to say: 'Kenya and the capital Nairobi are beautiful but terribly criminal. Make sure that you take a taxi at night or are escorted at night because 'going out' without such safety precautions is foolish'.


4) Playa el Agua, Isla Margarita


This popular coastal destination is becoming increasingly unsafe. 'Very dangerous, we could not even leave our compound. Several people were robbed, and I mean with a gun to their head', according to Wendy who spent her holiday there.


5) Caracas, Venezuela


In the capital city of Venezuela, poverty is sadly the cause of much criminal activity. Tonny Oosterwaal experienced this first hand: 'I was robbed at gunpoint which caused my wife to faint', he told Zoover.


Zoover.co.uk


http://www.Zoover.co.uk is an independent and free holiday website where holiday destinations and accommodations are reviewed. Zoover is active in The UK as well as Belgium, France, Spain, Italy, Portugal, Germany, Denmark, Norway, Sweden, The UK, The Netherlands, Poland, Austria, Switzerland and Turkey.


Source: Zoover

Note for editors (not for publication), More information: Contact Chrit Blonden, Telephone number +31(0)88-8786885, E-mail c.blonden@zoover.com



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16 Sep 2009
18:00
CROSS RIVER STATE GOVERNMENT AND SIX FLAGS ANNOUNCE STRATEGIC PARTNERSHIP TO DEVELOP THEME PARK IN NIGERIA
14:44
ActionView International, Inc. Announces Fight Card for September 25 MatchFights Event