Showing posts with label naira. Show all posts
Showing posts with label naira. Show all posts

Thursday, April 4, 2024

One Village, One Cinema To Generate N29 Billion Annually To Boost Creative Economy of Nigeria

 


The One Village, One Cinema initiative of the International Digital Post Network Limited, an  affiliate partner of Cinewav of Singapore will generate an estimated annual revenue of N29 billion for both the Christian Cinema in Nigeria (CCN) programme and SMEs in the entertainment Industry in all the 774 local government areas in Nigeria, famous for the phenomenal Nollywood, the largest indie film industry in Africa. 



With only an investment of N10, 000, 000 (ten million naira) that is currently less than US$10, 000 (ten thousand dollars) you can have a low budget cinema that can be installed within an hour indoors or outdoors and it can generate an average monthly revenue of N200, 000 - N400, 000 from the sales of the tickets from one location in a village in Africa's most populous nation with an estimated population of more than 200 million people.

The Christian Cinema in Nigeria (CCN) alone has an estimated target audience of 21 million Christians.



The N10 million investment includes the cinema equipment and all expenses paid one week training course at Cinewav in Singapore for one person who will be the operator of the cinema and can train others to become operators in Nigeria.




The cinema equipment can be taken from one location to another location from village to village. Tickets will be sold from N500 per person which is about one quarter of the amount paid for a ticket at the standard cinemas located in the upscale shopping malls in towns and cities. The urban cinemas are not enough for the increasing population of moviegoers with regular disposable incomes. There are less than 400 screens in the country in few cities with most of them in Lagos, the commercial capital of Africa's largest economy. 

The increasing demands for more cinemas compelled the International Digital Post Network Limited to start the One Village One Cinema initiative for both entertainment and public enlightenment and to boost the entertainment industry and accelerate the creative economy of Nigeria.
The initiative will be launched in 2024.

The cinemas will show approved movies, documentary films, series, sports and adverts. 
Public announcements for government programmes and other events are allowed.
The charges for public announcements and adverts are negotiable from N10, 000 - N100, 000 per location.
Revenues from public announcements and adverts are estimated to be N500, 000 - N1, 000, 000 monthly.

During outdoor screenings, only those who paid for tickets can hear the audio with the Cinewav  audio app.

International Digital Post Network Limited plans for more than 12, 000 cinemas in Nigeria, including  solar powered Cinewav Cineplex.

Potential investors, partners and  sponsors are the local, state and federal governments; private sector of local and foreign companies and organizations; especially telecoms, banks, fintechs and other businesses in Nigeria.

"What is the future of big screen?

"Most of the world is without a cinema hall. That will all change! One village, one cinema. Why not?"
~Anthony Tate, Virgina, U.S.A.

We would be happier to use cinemas to break social class barriers and build bridges of unity among communities for the common benefit of all.

Cinema has never been an elitist medium of communication.
Cinema is a tool for public entertainment and enlightenment and has been very effective and imperative in mass literacy campaigns in developed and developing countries for decades. Cinemas made Hollywood the film capital of the world buoyed by over 38,605 indoor screens in 5,561 sites and 628 Drive-In screens in 381 sites in the US, the largest in the world".

Screen Naija One Village, One Cinema Project: The Revival of Outdoor Cinema in Nigeria | Screen Outdoor Open Air Cinema
https://screennaija.wordpress.com/2013/12/04/screen-naija-one-village-one-cinema-project-the-revival-of-outdoor-cinema-in-nigeria/




Friday, January 6, 2023

Funke Akindele’s "Battle on Buka Street" Likely To Be The First Nollywood Movie To Make N1 Billion

Funke Akindele’s "Battle on Buka Street" has made more than N300 million within only three weeks in the cinemas in Nigeria by pulling more crowds of moviegoers than James Cameron's "Avatar: The Way of Water".

The current box office report from the Cinema Exhibitors Association of Nigeria (CEAN) shows "Battle on Buka Street" at the #1 position with N361, 3556, 446 from 132, 525 admissions followed by James Cameron's "Avatar: The Way of Water" at the #2 position with N285, 562, 316 from 94, 402 admissions.

The "Battle on Buka Street" can have over 400, 000 moviegoers before March, 2023.





Monday, August 22, 2022

A Copy of the NOLLYWOOD MIRROR® Sold for Over N1 Million

https://a.co/d/6swXgCI

The first edition of the NOLLYWOOD MIRROR® Series has become a collectors' item among art collectors of unique books and now selling for US$1, 882.91 which is equivalent to more than N1, 100, 000 with the current exchange rate of the US dollar to the naira 

Why is it a highly priced book?

* This is the first edition of the first book series on Nollywood and the Nigerian film industry.

* The articles and photographs document the genesis of the phenomenon of Nollywood and the history of filmmaking in Nigeria since the first feature, "Palaver" directed by Geoffrey Barkas in 1926. 

* The fonts are unconventional and  seen as art form.

* The prophetic cover of the photograph of Kenneth Gyang, whose film, "Confusion Na Wa" starring Ramsey Nouah, OC Ukeje, Ali Nuhu and Tunde Aladese won the coveted awards for the Best Film and the Best Nigerian Film at the 9th annual Africa Movie Academy Awards (AMAA) in 2013.  Kenneth Gyang has become the poster child of the Big Picture of the future of Nollywood and Nigerian cinema on Netflix and international film festivals.

#Nigeria #Nollywood #africa #future #art #art #filmmaking #AMAA #movies #awards #KennethGyang #filmfestivals
#netflix #books #collectors

Nollywood Mirror by Ekenyerengozi, Michael Chima (2013) Paperback https://a.co/d/6swXgCI