Showing posts with label Omo Ghetto. Show all posts
Showing posts with label Omo Ghetto. Show all posts

Friday, December 31, 2021

Omo Ghetto: The Saga, The Highest Grossing #Nollywood Movie of All Time So Far

 


Omo Ghetto: The Saga, The Highest Grossing #Nollywood Movie of All Time So Far

Omo Ghetto: The Saga also known as Omo Ghetto 2[2] is a 2020 Nigerian gangster comedy film co-directed by Funke Akindele and JJC Skillz.[3] The film stars Funke Akindele, Chioma Akpota, Nancy Isime, Eniola Badmus, Bimbo Thomas, Deyemi Okanlawon and Mercy Aigbe in the lead roles. This was the second film in the Omo Ghetto franchise and it was also the sequel to the 2010 trilogy film Omo Ghetto

The movie grossed over ₦189 million in the opening week and it historically became the first Nollywood film ever to gross over ₦99 million in its opening weekend surpassing the previous record set by The Wedding Party 2. In its second week, the movie continued breaking box office records by grossing over ₦132.4 million and firmly staying at the top of the Nigerian box office and bringing its 2-week gross to a record breaking ₦322 million and placing it as the fourth highest grossing Nigerian movie of all time.

In its third week, despite seeing a drop of 43% from the previous week, Omo Ghetto still topped the box office and grossed ₦75.4 million bringing its total cumulative to ₦398.5 million just after three weeks. Omo Ghetto was so popular that it accounted for about 65% of the box office in Nigeria.Omo Ghetto kept dominating the Nigerian box office, raking up ₦45.9 million to top the box office. It brought the cumulative box office figure to ₦444.5 million placing it as the second highest grossing Nollywood film of all time after just four weeks, Omo Ghetto the saga is currently the highest grossing Nigerian movie of all time with ₦468,036,300 just over a month 


Omo Ghetto continued dominating the box office in its fifth week grossing ₦35.7 thus bringing its cumulative to ₦480.5 million and becoming the highest grossing Nollywod movie of all time despite the COVID-19 pandemic. The film continued to extend its record by becoming the first Nollywood movie to stay six consecutive weeks at the top of the box office, grossing an additional ₦31.5 million. It also historically became the first ever Nigerian film to gross ₦500 million in Nollywood box office.

The film remained top at the box office in its seventh week, grossing an additional ₦27.3 million.bringing its cumulative to ₦539.6. Omo Ghetto topped the box office in its eighth, ninth and tenth week respectively becoming only the second movie in English speaking West Africa to cross the ₦600 million mark after Black Panther.


Sunday, January 3, 2021

"Omo Ghetto: The Saga" Grossed N124 Million Within 7 Days - Breaks Box Office Records in Nigeria

#omoghettothesaga

#Nollywood

"Omo Ghetto: The Saga" Grossed N124 Million Within 7 Days - Breaks Box Office Records in Nigeria.

I predicted this happening when it was released on #Christmas Day, December 25, 2020.
Cinemas should let it run till #Valentine's Day.

The most profitable Nigerian movie so far is The Wedding Party 1 that grossed over N453 million from the box office with a film production budget of only ₦60 million. 

The sequel, "The Wedding Party" 2 is currently having the record for the highest grossing Nigerian movie with N500 million from the box office, but it cost N300 million to make it. So, if you subtract N300 million from N500 million, you are left with only N200 million. So, the producers did not make any profit. They lost millions of naira. 


The fact is they would have made more money from movie merchandising of "The Wedding Party" franchise. But they were clueless about how to do so.

- By Ekenyerengozi Michael Chima,

Publisher/Editor,

NOLLYWOOD MIRROR®Series.