Nollywood Has A Critical Diversity Problem
iROKOtv, Netflix, Showmax, YouTube and the Big Picture of the Future of Streaming Original African Content
iROKOtv Co-Founder Bastian Gotter left the leading Nollywood streamer in 2017.
https://www.forbes.com/sites/mfonobongnsehe/2017/01/30/irokotv-co-founder-bastian-gotter-leaves-company-to-pursue-startup-investments
iROKOtv should have come up with a new brand credibility strategy in view of the competition with Netflix, Showmax and Canal Afrique.
iROKOtv and YouTube have the largest original content of Nigerian drama online and iROKOtv can actually attract more subscribers than the competitors with new branding and marketing strategy.
There are millions of people in Africa and the Diaspora who are going to be the next largest subscribers for the leading streamers for original African content.
Showmax has been attracting more people, because of the unique exciting Nigerian dramas and reality TV shows you can't find on Netflix, iROKOtv and Canal Afrique.
I successfully streamed the first NFT of a Nollywood video on the blockchain of Algorand and I have seen the Big Picture of the Future of streaming Nollywood on the blockchain for which I wanted to launch iNolly in partnership with Breaker in 2019 and still in development.
I can help with the development of such exclusive content.
I have developed a new content for one of the top Nollywood channels on Startimes and I have another new one for an exciting Nollywood reality TV series that will attract millions of viewers. Nothing like it from Nollywood.
Since the celebrated Nollywood actress, Omoni Oboli's romantic comedy, " Love in Every Word" became a hit on YouTube, many bloggers, news reporters and rumour mongers have become experts on how much she has made so far smiling to the bank with hundreds of thousands of dollars.
One of them even lied that she has earned more than US$800, 000!
Another one said she has earned US$100, 000!
Nigerians can lie for Africa!
Omoni Oboli don cashout big! Her movie 'Love in Every Word' hit up 14 million views on YouTube in just 2 weeks, earning a whopping N150m! Looks like YouTube is the new sweet spot for Nollywood producers! Congratulations to her💯 #OmoniOboli #Nollywood #YouTube #Benuevibes
Corruption in Nolllywood:
The Diversions and Misappropriations of Grants and Loans in the Nigerian Film Industry
The socioeconomic, sociocultural and political institutionalization of corruption in Nigeria has done collateral damage to the Nigerian society with widespread administrative incompetence in public service and political corruption is the cause of the maladministration in the Nigerian government.
Political corruption is the anathema of democracy and good governance in Nigeria with brazen corrupt practices from the local government to the Office of the President; from Alausa to Abuja. Every workplace is infected of the virus of the epidemic of corruption with corrupt and incompetent public officials posing and posturing as Smart Alecs, but they disregard the values and virtues of dignity, integrity and nobility.
There is widespread culture of conceit and deceit in the Nigerian society. Being fraudulent is no longer shocking!
Corruption is now widely reported in the Nigerian entertainment industry with several cases of unprofessional sharp practices during film and TV productions.
The entertainment industry has become a conduit for money laundering in the camouflage of international events and productions used for illicit transfers of funds and tax evasions.
We should not sweep the corruption in the entertainment industry under the red carpet.
Fraudulent activities should be exposed and reported no matter the rank and file of the entertainers and their sponsors.
The Diversions and Misappropriations of Grants and Loans in Nolllywood and the Nigerian Film Industry by filmmakers with questionable integrity.
The recent statement by popular Nigerian comedian and film/TV producer, Bright Okpocha popularly known as "Basketmouth" that several millions of dollars given to some of the selected Nigerian filmmakers by Netflix for film productions were diverted and misappropriated (https://www.vanguardngr.com/2024/12/netflix-they-spend-10-on-movie-use-others-to-buy-cars-houses-basketmouth-slams-nollywood-producers) did not surprise me, because there have been previous reports on corrupt practices of filmmakers in Nigeria.
I have been informed about diversions and misappropriations of grants and loans for film and TV productions by the beneficiaries since 2001 to date.
The funds provided as soft loans with low interest rates by the Ecobank were misappropriated. The AccessNolly Fund of the Access Bank and NollyFund of the Bank of Industry (BoI) of Nigeria were diverted and misappropriated and the grants from the Project ACT Nollywood were also misappropriated by some of the beneficiaries. The film productions were compromised, badly done or abandoned.
A former Regional Audio-visual Attache at the French Embassy in Nigeria knew that some of the funds from the Fonds Images Afrique grants given for a short documentary film on Lagos and two other productions were diverted and misappropriated
See Nollywood and the French Connection on
https://nigeriansreportng.blogspot.com/2022/06/nollywood-and-french-connection.html
He gave me the details and I watched the documentary film.
"This is not Lagos", I said and smirked. But I did not report the disclosures. The same Regional Audio-visual Attache later told the director of the documentary film that he suspected me of being an American spy. I was amused.
I laughed and dismissed the suspicion. I have been identified sitting with certain Americans and a prominent Ghanaian politician on exile in Nigeria during an official meeting for a family planning project in Nigeria at the Eko Hotel and Suites on Victoria Island in Lagos, Nigeria. One of the Americans who was my namesake then was later accused of spying for the Central Intelligence Agency (CIA) in Ghana by the military regime of Jerry Rawlings in the 1980s. I was only contracted as a public health illustrator through the United States Agency for International Development (USAID).
I have stopped communication with this French Regional Audio-Visual Attache who was later transferred to Burundi.
He told me that a particular young filmmaker misappropriated the funds given to him and used only the remainder to produce a feature that they rejected. But his colleague who did not misappropriate funds produced a good mystical romantic drama that was accepted by Canal France International in 2009 and broadcast to all television channels in French-speaking Africa under the title "La Métamorphose".
The details of the cases of the diversions and misappropriations, including the filmmakers involved are available.
#corruption
#nollywood
#filmmaking
#filmmakers
#movies
#documentary
#netflix
#entertainment
#filmindustry
#profuction
#moneylaundering
#tax
#canalplus
#nigeria
#images
#banks
#loans
#grants
#funds
#america
#french
The Numbers of Subscribers of Netflix in Nigeria and in South Africa and the Way Forward is Content Localization for Nigerians
Nigerian Filmmakers: Beyond Nollywood, Beyond Netflix
The development of the Creative Economy is hinged on the development of the Digital Economy in the 21st century.
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.
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
The Largest Market For Yoruba Epic Movie, "Orisa" is in Brazil and Not in Nigeria
Sex, Netflix and Showmax 💕💋💥
3 Important Achievements of Netflix in South Africa, Kenya and Nigeria
Netflix has supported the creation of over 12,000 jobs and generated $218 million to the GDPs of South Africa, Kenya, and Nigeria, where they are operational.
Netflix has funded economic activity which created over $44 million in tax revenue and an increase of over $200 million in household income.
Netflix is investing more in Nollywood and the Nigerian film industry than Amazon.
#Netflix
#SounthAfrica
#Kenya
#Nigeria
#Nollywood
#investment
#Amazon
#filmindustry
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.