Nollywood Mobile Video Market is Worth More than US$7 Billion Annually

There are over 127 million active GSM subscribers in Nigeria and the ARPU averaging N936 according to the latest report of the Nigerian Communications Commission (NCC). Over 25 per cent of these subscribers can spend as much as US$10 monthly to view Nollywood movies on their smart phones and tablets and that will be over US$250 million monthly and US$3 billion annually in Nigeria alone. And there are more than twice more viewers of Nollywood movies in other countries in Africa and the Diaspora where there are over 100 million potential viewers of Nollywood movies. Therefore, we can estimate that Nollywood movies can generate over US$7 billion annually.
How can this be done?
The following well researched facts and figures by proven sources on global mobile market trends are enough for any serious producer and distributor to calculate and estimate the worth of Nollywood movies online in the global village.

63%: Tablet users watch video according to patterns similar to those of traditional TV audiences. For example, tablet video viewers tend to spend most of their time on longer videos. Tablet owners spent 63% of their time on video sessions over 10 minutes in length. Read more: http://www.businessinsider.com/data-on-the-huge-mobile-video-market-2013-8#ixzz3CuEK6bPO

When you optimize digital revenue strategies for each viewer, device and location, you deliver more relevant content to connected viewers, who, in turn, watch more media. The result is greater monetization — more ads served, more transactions, and ultimately more money for video publishers. 
~ http://go.ooyala.com/rs/OOYALA/images/Ooyala-Global-Video-Index-Q1-2014.pdf .

From TV to Total Video 

As more and more content flows across screens, a new approach to video measurement is required to help businesses plan, measure and purchase media with a total view of this new platform-agnostic world. comScore Total Video™ is driven by 5 core principles to bridge the gap between linear TV and digital, enable integrated video planning and ease the transition from Up fronts to All fronts.

15 Facts You Must Know About Online Videos

1. 89 million people in the United States are going to watch 1.2 billion online videos today. (ComScore) 
2. Online video users are expected to double to 1.5 billion in 2016. (Cisco) 
3. Only about 24 percent of national brands are using online video to market to consumers. (Kantar Media) 
4. Online video now accounts for 50 percent of all mobile traffic and up to 69 percent of traffic on certain networks. (Bytemobile Mobile Analytics Report) 
5. Consumers give up on an online video if it doesn’t load in two seconds. (University of Massachusetts Amherst and Akamai Technologies) 
6. Users sharing video on retail and brand sites chose Facebook 46 percent of the time, with email accounting for 40 percent and Twitter capturing 14 percent of shares. (Invodo) 
7. Globally, online video traffic will be 55 percent of all consumer Internet traffic in 2016. (Cisco) 
8. 52 percent of consumers say that watching product videos makes them more confident in online purchase decisions. (Invodo) 
9. Mobile and tablet shoppers are three times as likely to view a video as laptop or desktop users. (NPD) 
10. Mobile video ads that include social media buttons drive 36 percent higher engagement. (Rhythm NewMedia). 
11. Online video production will account for more than one-third of all online advertising spending within the next five years. (Borrell Associates) 
12. 76 percent of marketers plan to add video to their sites, making it a higher priority than Facebook, Twitter and blog integration. (Social Media Examiner) 
13. 92 percent of mobile video viewers share videos with others. (Invodo) 
14. More than 1 billion unique users visit YouTube each month, spending more than 4 billion hours watching videos (YouTube). 
15. 2 billion video views per week are monetized on YouTube, and every auto-shared tweet results in six new YouTube browsing sessions (ReelSEO). 

 http://digiday.com/brands/celtra-15-must-know-stats-for-online-video/ 

GLOBAL VIDEO INDEX Q1 2014 MOBILE AND TABLET VIEWING SEE HIGHEST OTT GROWTH RATE 

The great migration to portable devices continues, as people take their video to go more frequently — on their commute to work, on vacations and from room to room. While the big screen in the living room maintains its dominance as the screen of choice for most viewers, today smaller screens are seeing the biggest increases in video traffic http://go.ooyala.com/rs/OOYALA/images/Ooyala-Global-Video-Index-Q1-2014.pdf

Any Nigerian mobile video service that is not making over US$1 billion annually is not using all the available marketing opportunities that will increase the mileage and patronage. And I have provided all the required data in this article and also in my special publications on Nollywood.


~ By Ekenyerengozi Michael Chima, Publisher/Editor of NOLLYWOOD MIRROR® SERIES and Nollywood Digital.  

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XAHIVE Launch Party and Indiegogo Campaign for Expansion Project

XAHIVE is a Canadian social networking platform that facilitates mass communication between people within a 2-kilometre radius. It is a free app than can be used on smartphones and computers. Users can “buzz” to share files, photos and messages with others in their area. The app uses unique encryption options that allow users to send their messages privately.

OTTAWA, ONTARIO, CANADA, September 8, 2014 /EINPresswire.com/ -- New Canadian-owned business, XAHIVE Corporation, a company that develops new forms of secure social networking platforms, hosted its official launch on August 29, 2014 at 6:30 p.m. at the National Arts Centre with politicians, government officials, business leaders, professionals, and non-profit organizations in attendance.

Guest speakers included Ottawa-Orléans MPP Marie-France Lalonde, President and Founder of the National Pancreatic Cancer Canada Foundation Betty Aldridge, and other accomplished professionals.

A main focus of the launch was to allow stakeholders to discuss issues related to the importance of protecting the privacy of personal information from technological breaches and the benefits that more secure forms of digital communication, such as the solutions and platforms that XAHIVE specializes in, can provide to society.

“In today’s digital world, incidents of private information being compromised by new forms of technological threats are on the rise. This reality has created the need for the development of more secure ways of sharing personal information with public institutions and professionals. XAHIVE’s new solution of data encryption and transmission is a fantastic example of how this can be achieved,” stated MPP Marie-France Lalonde.

The launch event also gave the new start up an opportunity to announce that it will be launching a seed round funding campaign using the crowdfunding platform indiegogo effective August 28, 2014.
The company is targeting to raise up to US$ 50,000 to undergo content and UI upgrades to the iOS, android, blackberry, web apps, include voice, video and group communication and they hope to reach this goal within the next 2 months. Company CEO David Mohajer spoke to professionals and entrepreneurs about how the apps are an innovative technology that is set to change how people, businesses and professionals communicate in a secure and private manner with each other. XAHIVE expects to grow investor confidence and widen its customer base. The company decided to go with crowdfunding, Sem Ponnambalam, COO was quoted as saying “we decided to use crowdfunding because we wanted individuals to have the ability to make decisions about what XAHIVE upgrades they want in terms of a secure private communication platform.”
XAHIVE is a social networking platform that is free to use on smartphones and computers. The company has a strong corporate social responsibility, as they are offering FREE licenses to all not-for-profits.

It facilitates two forms of communication: public and private. For public communication, XAHIVE enables anonymous communication between people nearby each other. For private messages, it provides a protected form of communication between users by offering endpoint encryption. This allows users to securely share files, photos and messages for free with others locally and globally as long as the device is hooked up to a WIFI connection.

The app includes privacy settings and filters that can be used to restrict what kinds of messages are received, to block certain users and to encrypt messages to prevent interception from third parties.

The app is currently available in English and French and will expand to include additional languages by fall 2014.

“With XAHIVE, the various Pancreatic Cancer Canada Chapters (PCC) are able to communicate with each other regarding various events they are organizing, fundraisers, and other PCC related gatherings. We also like the encryption option the free bilingual apps offer as patients/care givers discuss personal health information about procedures. By using XAHIVE we are able to ensure that these discussions remain private and secure across Canada,” stated President and Founder of the National Pancreatic Cancer Foundation Betty Aldridge.

“As a massage therapist and acupuncturist, patients’ privacy and security is of utmost importance to my profession and practice. I use XAHIVE to send my patient’s information to insurance companies, physicians and other health care stakeholders rather than traditional faxing and mail because XAHIVE mitigates potential data breaches and data mining due to its convenient private and secure encryption features. It is an amazing platform which enables me to communicate in a secure and private manner. I will definitely continue to use XAHIVE,” said professional acupuncturist and RMT Mathieu Beaudette.


Please follow the below links to access the XAHIVE app:
• Android: https://play.google.com/store/apps/details?id=ca.xahive.app
• iOS: https://itunes.apple.com/us/app/xahive/id874448843?ls=1&mt=8
• Blackberry: http://www.xahive.com and click on the Blackberry icon.
To see the first video of XAHIVE’s Professional Series, go to: https://www.youtube.com/watch?v=8UexneWpwXg.

XAHIVE’s official indiegogo campaign is located at: https://www.indiegogo.com/projects/xahive-expansion-project


For more information, please visit: www.xahive.com

Sem Ponnambalam
XAHIVE Corporation
613-286-6484
email us here

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USA Produces 58% of the Movies Shown in Nigeria

 58 percent of the movies seen by Nigerians in Nigeria are from the United States of America according the latest reports by Statista. And contrary to bogus claims in Nollywood, Nigeria is not even among the top 10 Leading film markets worldwide from 2007 to 2013, by number of films produced
See more on Statista.

• Leading film markets worldwide 2007-2013, by number of tickets sold
  Leading film markets worldwide 2007-2013, by number of tickets sold
• Leading film markets worldwide 2007-2013, by number of films produced
  Leading film markets worldwide 2007-2013, by number of films produced
• U.S. motion picture/video production and distribution - estimated revenue 2005-2012
  U.S. motion picture/video production and distribution - estimated revenue 2005-2012

• VOD use and online video purchases in the United Kingdom (UK) 2014, by genre
  VOD use and online video purchases in the United Kingdom (UK) 2014, by genre
• Leading Bollywood movies in India 2013, by profit
  Leading Bollywood movies in India 2013, by profit
• The most-shared viral videos in July 2014

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Didier Drogba Wins Appeal

 
DIDIER DROGBA WINS APPEAL 

We are pleased to announce that Didier Drogba and his family have won their Appeal, in the case brought against them by Acqua Nova. The Bastia Court of Appeal found that the French Courts have no jurisdiction to rule on this dispute, and also found Acqua Nova to be liable for the procedural expenses. Didier and Lalla Drogba are now reserving their rights, notably to lodge a claim in order to be fully repaid the overpayments owed to them by Acqua Nova in connection with this matter.

For press enquiries please contact:
The Sports PR Company
+44 (0) 207 434 3392
 www.thesportsprcompany.com.
Follow The Sports PR Company on Twitter: http://twitter.com/SportsPRCompany

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The Movies People Are Talking About at the Toronto Film Festival

The Movies People Are Talking About at the Toronto Film Festival

It wasn’t too many years ago that someone first called the Toronto International Film Festival the unofficial start of the Oscar season, a moniker that rings especially true when considering that the last...See video

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KoboRent to Crash Real Estate Rental Costs in Nigeria, West Africa

BEVERLY HILLS, California, September 4, 2014 /PRNewswire/ --

Of all the countries on the African continent, Nigeria is the worst hit by outrageous property-related costs.
The trend becomes more obvious if one looks particularly at the country's burgeoning rental market, in which property vendors charge extremely high estate agency fees-sometimes as high as 10% of the rent for low-end properties. This puts Nigeria 70-100% ahead of countries like Ghana and Kenya, where agents' commission-fees are as low as 1.25%. In Uganda, the fee is between 5% and 10% and is paid by the buyer.
Nigerian renters are expected to give away up to 10% of the rent cost to cover "dubious" fees for the go-between services of property agents; paid in addition to full rental charges. This permissible duplicity of charges on rental fees makes that middle ground a blistering hot marketplace.

The founders of KoboRent, a tech-based rental listings distribution service based in West Africa, attempts to meet the challenging problems with an equally pervasive solution. KoboRent have created an easy-to-use platform seeking to reach out to a larger percentage of the market-space with the aspiration of reducing costs for both buyers and sellers.

West Africa-in truth, Africa as a whole-has had successful mobile penetration with feature phones. Leveraging on the continent's successful adoption and persistent usage of mobile phones, the KoboRent infrastructure seeks out a market entry solution on mobile's most native feature; SMS.
On the platform; an agent can complete a rental transaction from start to finish on the strength of a phone-feature; and a buyer can use any SMS enabled device to search, find, and engage the services of the property agent in charge of the property of choice.

However, the SMS functionality is foremost a market entry strategy and a selling point to reach out to otherwise inaccessible markets. KoboRent boasts a robust web interface that holds various options to further reduce both real and cognitive home rental costs in Nigeria.

According to the platform founders: "What we have developed is a 360 degree user experience that replicates on a tech platform most of the real time actions that prospective renters, leasers or buyers have to go through to get a property option that meets their desired criteria."

Media Contact
Speednet Agency
Daniel Richards
daniel@speed-net.com
Phone: +1-(310)-274-7447
Address: 872 Wilshire Blvd.
Beverly Hills, CA
United States
http://speed-net.com

SOURCE Speednet Agency

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500,000 Will Attend 2014 Toronto International Film Festival

From the 35, 000 who attended the inaugural film festival in 1976, 500, 000 people are expected to attend the 39th Toronto International Film Festival opening today with David Dobkin's The Judge, an American drama starring Robert Downey Jr, who is famous for his role as Stan Lee's Marvel superhero Tony Stark/Iron Man in Iron Man (2008), Iron Man 2 (2010), Marvel's The Avengers (2012), and Iron Man 3 (2013). He has been nominated twice for the Academy Awards for Best Actor in Chaplin (1992) and for Best Supporting Actor in Tropic Thunder in 2008; Robert Duvall who is famous as Tom Hagen in The Godfather (1972) and The Godfather Part II (1974) has received six Academy Awards nominations and winning an Oscar for Best Actor as country western singer Mac Sledge in Tender Mercies (1983), six Golden Globes nominations (winning four), and has multiple nominations and one win each of the BAFTA, Screen Actors Guild Award and Emmy Award; Vera Farmiga, Vincent D'Onofrio, Dax Shepard, Jeremy Strong, Sarah Lancaster, and Billy Bob Thornton.

Lest we forget, Toronto International Film Festival: (TIFF) is a charitable cultural organization with a mission to transform the way people see the world, through film.

Year of the first Festival of Festivals: 1976

Year that the Festival of Festivals was renamed the Toronto International Film Festival: 1994

Days of this year's TIFF: 11

Number of people who attended the first fest: 35,000

People predicted to attend this year: 500,000.

There will be 143 world premieres at the 39th annual Toronto International Film Festival opening this weekend Friday September 4, 2014.

Opening film: The Judge
Closing film: A Little Chaos
Location: Toronto, Ontario, Canada
Founded 1976
Hosted by Toronto International Film Festival Group
Number of films 393 films
Festival date 4 – 14 September 2014.

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There Are 89,000 Nigerian Refugees in Niger and Cameroon - UNHCR

Recent attacks in Nigeria send thousands fleeing to Cameroon for refuge – UN


NEW YORK, 2 September 2014 / PRN Africa / -- Recent attacks by insurgent groups in north-east Nigeria have prompted thousands of people to seek refuge in Cameroon over the past 10 days, with some sleeping in schools and churches, and children suffering from poor health, the United Nations High Commissioner for Refugees (UNHCR) reported today.

“UNHCR is very concerned that even once they have crossed into Cameroon, they are still being pursued by insurgents and we have already started to relocate some of the refugees to a refugee camp where they can enjoy safer conditions,” the agency's spokesman, Adrian Edwards, told journalists in Geneva.
Local authorities say that in the last 10 days, at least 9,000 people have arrived in Cameroon's Far North Region and more than 2,000 have sought refuge in Lake Chad islands belonging to Niger, while more people continue to arrive.

The new arrivals fled recurrent attacks in the past three weeks in the Gwoza area in Nigeria's Borno state, before reaching safety in Cameroon. Authorities report that 5,500 refugees have arrived in Kolofata, 3,000 in Kerawa and 370 in Mora, in the Mayo Sava and Logone-et-Chari districts.
However, even after arrival in Cameroon, they are not necessarily out of harm's way, according to UNHCR. On Sunday, insurgents attacked Kerawa town in Cameroon, forcing refugees and some local residents to flee further inland.

“Our teams have had limited access to the border areas these past weeks because of the increasing insecurity. Despite the volatile situation, we were able to go to Mora over the weekend, where we met the new arrivals living in churches and schools and with host families,” Mr. Edwards said.
The refugees said everyone had fled and that their villages in north-east Nigeria were now empty. Immediate assistance has been provided by the authorities, NGO Caritas, UNHCR and the host community.
The total number of Nigerian refugees in Cameroon now stands at some 39,000, according to local authorities, including 19,633 who have been registered by UNHCR.

The agency noted that insurgents crossed the border last week and attacked villages on the Cameroon side, prompting some 1,700 local inhabitants to flee further inland to villages near the border with Chad. Villagers fled in panic after insurgents slit the throats of three people in a church in Assighassia.
The attackers also burnt down police and gendarmerie stations, a local cotton company, and stole some 400 cows. UNHCR is extremely concerned that attacks from insurgents seem to also now target civilians in Cameroonian territory.

Niger is hosting more than 50,000 forcibly displaced people who have arrived from Nigeria since May 2013. Inside Nigeria, some 645,000 people are displaced in Adamawa, Borno, and Yobe states, as a result of the violence.

SOURCE UN News Centre

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Private Equity Investments into Africa Increased by 136% in 2013

 

 Karen Breytenbach, Head: IPP Office

Private equity investments into Africa were up by 136% in 2013 (with a huge chunk of that going to power and infrastructure projects).

PRESS RELEASE

Investors and developers to gather in Cape Town to discuss financing options for power projects across Africa

The 8th Annual Powering Africa: Finance Options Meeting will return to Cape Town from 30-31st October

CAPE-TOWN, South-Africa, September 3, 2014/ -- As Africa’s demand for power generation continues to outstrip supply, the question of how to finance the future of Africa’s power sector looms large. Prospective investors must fully understand the latest developments in Africa’s finance sector in order to launch successful projects and build long term relationships with local government.

Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/energynet1.png

Photo 1: http://www.photos.apo-opa.com/index.php?level=picture&id=1335 (Karen Breytenbach, Head: IPP Office)

Photo 2: http://www.photos.apo-opa.com/index.php?level=picture&id=1336

Private equity investments into Africa were up by 136% in 2013 (with a huge chunk of that going to power and infrastructure projects). Pension funds and sovereign wealth funds are also increasingly looking into long term power projects to fund, with lenders working hard to develop debt financing models to keep up with Africa's power market.

The 8th Annual Powering Africa: Finance Options Meeting (http://www.poweringafrica-finance.com) will return to Cape Town from 30-31st October. This pan-African executive briefing will welcome CEOs and senior-level directors to get to the heart of the issues and opportunities surrounding the financing of power projects in Africa, allowing for a limited number of participants to engage with key decision-makers through a series of open, uninhibited discussions taking place under Chatham House Rule.

The programme will focus on a series of open discussions chaired by regional experts focusing on key trends including the development of IPP programmes, financial frameworks and regulatory environments.

Confirmed speakers will include Karen Breytenbach, Head: IPP Office, National Treasury, South Africa, Moremi Marwa, Chief Executive Officer, Dar Es Salaam Stock Exchange, Peter Ballinger, Director, U.S.-Africa Clean Energy Development and Finance Centre, Overseas Private Investment Corporation (OPIC), and Waziri Bintube, Chief Financial Officer, Nigerian Bulk Electricity Trading Plc, who will present regional perspectives and case studies to open the floor for discussion.

Other confirmed speakers include:

•          Kamran Khan, Vice President of Compact Operations, Millennium Challenge Corporation

•          Professor Anton Eberhard, Management of Infrastructure Reform & Regulation, Graduate School of Business, University of Cape Town

•          Brigette Baillie, Partner, Webber Wentzel

•          Martin Kavanagh, Partner, Energy and Infrastructure Finance, Herbert Smith Freehills

•          Sakkie Leimecke, Head: Energy, Nedbank Capital

•          Keith Martin, Initiavie for Risk Mitigation in Africa, African Development Bank

•          Alastair Campbell, Managing Director, Vantage GreenX

•          Tshepo Mahloele, Chief Executive Officer, Harith General Partners*

•          Zubair Suliman, Senior Investment Manager, DEG- Deutsche Investitions- und Entwicklungsgesellschaft mbH

•          Eric Olo, Head Corporate Finance and Business Strategy, North South Power

Distributed by APO (African Press Organization) on behalf of EnergyNet Ltd.

For more information about Powering Africa: Finance Options:

Meeting dates: 30-31st October 2014

Venue: Vineyard Hotel & Spa, Cape Town

Contact: Amy Offord – Senior Marketing Executive

Tel: +44 (0)20 7384 8068

Email: pa-fo@energynet.co.uk

Visit: http://www.poweringafrica-finance.com

Please note that this meeting is designed for CEOs and senior-level executives from the energy and finance sectors. Places are limited to two delegates per organisation preserve the integrity of the dialogue.

*Invited but unconfirmed

SOURCE 

EnergyNet Ltd.

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See Senegal's Youssou N'Dour Live in Dallas!

 Youssou N'Dour meets fans in Dakar. His massive popularity makes him a powerful political ally in Senegal. Photograph: Murdo Macleod.

Youssou N'Dour and The Super Etoile is Africa's most popular live band. N'Dour is a singer endowed with remarkable range and poise.

The New York Times described his voice as an "arresting tenor, a supple weapon deployed with prophetic authority."
N'Dour absorbs the entire Senegalese musical spectrum in his work. Named "African Artist of the Century" by the England's Folk Roots, N'Dour and his band, The Super Etoile, has made his musical style "Mbalax" famous throughout the world.
The Village Voice's Robert Christgau, dean of American rock critics, has boldly called N'Dour "the world's greatest pop vocalist" and finds him "the one African moving inexorably toward the world-pop fusion everyone else theorizes about." Peter Gabriel has proclaimed N'Dour simply as "one of the best alive."

It goes without saying Youssou N'Dour is a great addition to the international artists TITAS Presents brings to Dallas.
Buy Youssou N'Dour Concert Tickets Here!

 

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