Showing posts with label revenues. Show all posts
Showing posts with label revenues. Show all posts

Sunday, May 29, 2022

"King of Thieves" of Nollywood and the Myth of Second Largest Film Industry in the World

"King of Thieves", the current highest grossing Nigerian movie has not made up to US$1m in 7 weeks of showing in all the cinemas by the largest cinema chain in Nigeria and West Africa.

The current box office report from the Cinema Exhibitors Association of Nigeria (CEAN) shows that #Nollywood is not among the top 10 biggest film industries in the world in box office revenues.
The fictitious stats of UNESCO  on Nollywood must have been made up by those who failed to verify the current reports on the Nigerian film industry. They simply made the assumptions from their  laptops in Geneva and New York City and cannot even locate Asaba on the map of Africa. By the way,  Asaba presently produces more movies than Lagos and other cities in Nigeria. An actor can play major roles in ten different movies within one month in Asaba in Delta State. I doubt if any of the foreign news reporters and writers on Nollywood has been to Asaba. Most of their reports have been written in the comfort of the cozy rooms of the big hotels in Lagos and Abuja.
Now you can see why the so called "booming" second largest film industry in the world is full of hungry actors and directors who are still hustling to make ends meet.
Let us pray.

- By EKENYERENGOZI Michael Chima,
Publisher/Editor, NOLLYWOOD MIRROR® Series, Lagos, Nigeria.

#film #nigeria #lagos #africa #business #movies #news
#filmindustry #filmmakers #boxoffice #Asaba #unesco #report #geneva #newyorkcity



Saturday, March 12, 2022

The American King is the #1 Comedy in Cinemas in Nigeria

 



The American King is the #1 Comedy in Cinemas in Nigeria

"The American King' is still the #1 comedy in cinemas in Nigeria since the theatrical release on Friday, March 4, 2022.
Starring famous singer, Akon alongside top Hollywood and Nollywood stars, 
Andrew Howard, Nick Moran, Dani Renee, Nse Ikpe-Etim, Enyinna Nwigwe and Alexx Ekubo among other notable actors 

See showtimes for OZONE CINEMAS on
https://ozonecinemas.com/

"The American King" showing daily at the Ozone Cinemas at the E-CENTRE Centre in Yaba, Lagos, NIgeria.

The most exciting Hollywood and Nollywood comedy/drama is the #1 comedy in Nigeria starring Akon with top American and Nigerian A-List actors, including Andrew Howard, Nick Moran, Dani Renee, Nse Ikpe-Etim and Enyinna Nwigwe.

Seeing is believing!

Cast

Akon

Enyinna Nwigwe

Nse Ikpe-Etim

Rahama Sadau

Luenell

Andrew Howard

Nick Moran

Alexx Ekubo

Jennifer Wenger

Miguel A. Núñez Jr.

Martin Dingle-Wall

Charles Duckworth

Vanessa Giselle

Massi Furlan

Jean St. James

Ella Kweku

Nea Dune

Malinda Money

Erica Manni

#TheAmericanKing #Nigeria #hollywood #nollywood #comedy
#entertainment #drama #movies #America #Russia #Russian

Filmmakers Should Have 70% of the Revenues from the Cinemas

Filmmakers should be entitled to 70% of the revenues from the screenings of their movies in cinemas. 

I have completed my research on film acquisition, distribution and exhibition in the film industry and after the comprehensive analysis of the economics and metrics for the film industry, I have found that film distributors and exhibitors can give filmmakers seventy percent of the revenues from the box office and still make profit from their cinemas.
Cinemas have multiple streams of revenues, including premium tickets for private screenings and from the concessions for recurrent expenditures.
Revenues can include merchandising sales and adverts (screen and brochure).

I don't need to say more, because the facts are irrefutable.

- By Ekenyerengozi Michael Chima,
Publisher/Editor,
NOLLYWOOD MIRROR® Series
@247nigeria Twitter





 

Friday, November 27, 2020

#TikTok's Parent ByteDance is Worth More Than the Top 10 Nigerian Banks Combined

#TikTok's Parent ByteDance is Worth More Than the Top 10 Nigerian Banks Combined

ByteDance, the parent company of short-video app TikTok, generated $5.6 billion in revenue for the first-quarter of 2020, Reuters reports. This figure represents 130% growth in revenue year-over-year for the China-based company, which is now reportedly worth more than $100 billion.


Top 10 Banks in Nigeria by Profit After Tax in 9-months (Jan – September, 2020)

Zenith – N159.3bn GTB – N142.3bn Access Bank– N102.3bn UBA – N77.1bn First Bank– N68.2bn Stanbic– N66.2bn Fidelity – N20.4bn Union Bank– N15.1bn FCMB – N13.9bn Sterling– N7.4bn


WeREAD


WeREAD is for book lovers and everyone who loves to read books.


https://bookshop.org/shop/Weread


#BlackFriday Offers From Bookshop