Thursday, November 23, 2023

The Nigerian Creative Economy: Beyond Nollywood and the Entertainment Industry


The Nigerian Creative Economy: Beyond Nollywood and the Entertainment Industry

Overview

Nigeria - Media and Entertainment

According to PwC Global Entertainment and Media Outlook for 2022-2026, Nigeria’s media and entertainment industry is one of the fastest growing creative industries in the world. It has the potential to become one of the country’s exports, with projected annual consumer growth rate of 8.8% (CAGR). PwC indicates that in 2021, Nigeria’s film industry contributed 2.3% ($660 million (239 billion naira)) to GDP. They project that the industry will increase its export revenue earnings to over $1 billion. The motion picture and music combined contributed about $1.8 billion (730 billion naira) to the country’s GDP in 2020.

The country’s television and video market grew 7.49% to $806 million in 2020, up from $732 million in 2018. The industry is projected to earn about $900 million in 2023. The market is driven by subscription revenue, which accounted for 72.26% of total TV/video sector revenue in 2018. TV advertising accounts for 21.31% of total revenue, while physical home videos account for 5.33%. Subscription-based movie streaming are very popular in Nigeria, attracting players like Netflix, Iroko TV, and Startimes. Although Netflix subscription has long been available in Nigeria, they made their official debut in Nigeria in February 2020, joining several major distributors of filmed content in Nigeria. In August 2022, Amazon Prime Video announced the launch of the localized version of its streaming service in Nigeria. According to an IMF report, the industry is projected to generate an estimated revenue of $10.8 billion by 2023 and account for 1.4% of GDP. The report indicates that in 2020, Nigeria overtook South Africa in pay TV subscription as the country currently has over 6.9 million pay TV households as of 2021.  It is projected to grow to upwards of 7.4 million by 2023. A new study by Research and Markets, shows that Nigeria will contribute about 10 million, or 21.2%, of Africa’s pay television subscribers by 2025.

The music sector of Nigeria’s entertainment industry also recorded significant growth over the years. Stakeholders include artists, musicians, producers, promoters, managers, distributors, and marketers. As of 2021, the music industry employed about a million people and generated over $8 billion for the economy. In the past six years, the growing numbers of new production studios and artists enabled a more vibrant and self-sustaining industry, producing globally recognized music. In this environment, Nigerian musicians have developed a vast spectrum of music genres. The industry has won prestigious awards with artists like Wizkid and Burnaboy claiming Grammy awards, attracting more and more investments..
https://www.trade.gov/country-commercial-guides/nigeria-media-and-entertainment
Which creative industries drive the creative economy of every country?




The industries are the following:
 Advertising, architecture, arts and crafts, design, fashion, film, video, photography, music, performing arts, publishing, research and development, software, computer games, electronic publishing and TV/radio.

As Dr. Reuben Abati said on The Morming Show of Arise TV on Thursday, November 23, 2023;
We cannot talk about growing the creative industry without a Cultural Policy.

Do we have a Cultural Policy?
Do we even have a Film Policy for Ñollywood and the Nigerian film industry?

Ñollywood is actually a dysfunctional film industry without a film market.
Without an insurance policy.
Without a single film commission.

Let me just go straight to my critical basics of the economics of the creative industry in Nigeria with an important query. And that's all. There is no need for a thesis on the economic crisis of Ñollywood and the Nigerian film industry.

Currently, the Nigerian film industry is a big canoe with holes and different sorts of characters with different agendas; including the real creative professionals, jobbers and of course the opportunists. 
They will make a big 
Kafkaesque and Soyinkasque drama.

Only the creatives with bankable assets and products can grow the creative economy. And not those who are expendable liabilities in the creative industry; that collected loans from the Bank of Industry of Nigeria and other banks and cannot account for the loans due to misappropriations and diversions of the millions of naira they collected. 

What happened to the N3 Billion Grant of the Project ACT Nollywood launched by the administration of former, President Goodluck Ebele Jonathan, GCFR?


Who were the benefitiaries?
Where are the assets and products of the beneficiaries?
Where are the 75 movies produced?
Where are the students trained in filmmaking?

Until there is a forensic report on the Project ACT Nollywood Grant, any establishment for an investment in the creative industry to grow the creative economy by the federal government lacks accountability.

Read the article on 
How The Project ACT Nollywood Grant Was Embezzled - by 
*Eyengho, is President, Association of Nollywood Producers, ANCOP, and Vice President, International Federation of Film Producers Associations, FIAPF.
http://www.metroparrot.net/2015/08/how-n3-billion-project-act-nollywood.html

The federal government should have a forensic report on the previous government investments in the creative industry before the establishment of a new initiative for the acceleration of creative economy.

- Ekenyerengozi MichaeI Chima,
Publisher/Editor,
NOLLYWOOD MIRROR® Series.
Founder/President,
ZENITH International Film Festival,
https://nigeriansreportng.blogspot.com/2023/11/zenith-international-film-festivals.html







Tuesday, November 21, 2023

When the So Called Masterclass is not a Masterclass


When the So Called Masterclass is Not a Masterclass


"What makes a work of art a masterpiece is not the craft.
But the Imagination of the artist."
- Ekenyerengozi MichaeI Chima.

Some years ago, I was invited to participate in a Masterclass on  Documentary Filmmaking by the Public Affairs Section of the Consulate of the United States of America in Lagos in the Documentary Showcase Program with American documentary filmmakers. Prominent Nigerian filmmakers in Nollywood were also invited. But the workshop was rushed by the American filmmaker teaching what was nothing new or different, but documentary filmmaking for beginners and what the Nigerian filmmakers already knew. He was teaching us what students in high school were taught in America.

Then the workshop ended abruptly without the completion of the most important sessions.

The American filmmaker started  the presentation of Masterclass  certificates to all the participants. But I refused to accept my own certificate with my name already written on it.

"We never had any masterclass on documentary filmmaking," I said.

The others were compelling me to accept it. I reluctantly collected it. But I dumped it later in the drawer of my desk in the office of Supple Communications Limited.

Finis.


#art

#artist

#masterpice

#craft

#masterclass

#workshop

#filmmaking

#filmmakers

#Nollywood

#America

#Nigeria

#documentary

#documentaryfilm

#showcase

#unitedstates

#consulate

#Lagos

#presentation

#certificate

#office

RECOMMENDED BOOKS BY EKENYERENGOZI MICHAEI CHIMA

Available on Amazon, Barnes and Noble and other booksellers.






Happy World Television Day



In 1996, the United Nations general assembly declared November 21 World Television Day. The UN recognized television as having an increased impact on decision making as well as being an ambassador for the entertainment industry. Television is a symbol of communication and globalization that educates, informs, entertains and influences our decisions and opinions.




The first terrestrial television broadcast signals in West Africa occurred on Saturday October 31, 1959 and belonged to the Western Nigeria Television Service (WNTS). This was a critical milestone in Television history and today Africa boasts of over 600 television stations (excluding repeater stations.)



The launching of the TV in the Western Region of Nigeria made the Yorubas, the most educated people in Nigeria led by the most visionary African political leader in the 20th century, the great sage, Chief Ọbáfẹ́mi Awólọ́wọ̀, GCFR (6 March 1909 – 9 May 1987), Nigerian nationalist; one of the founding fathers of modern Nigeria and first Premier of the Western Region.

Nigerian Television Authority (NTA) began broadcasting on 31 October 1959 under the name Western Nigerian Government Broadcasting Corporation (WNTV), with Olapade Obisesan as its first Chairman. It was based in Ibadan and was the first television station in tropical Africa."

The First TV Image
The city of Tashkent is home to the first image patent in television history. In 1926, scientists N.G. Piskunov, V.I. Popov and B.G. Grabovsky, on the recommendation of the famous professor of St. Petersburg University B.L. Rosing, managed to get a patent for their technological development, which was carried out based on the faculty of physics of the Central Asian State University (now NUUz).

On July 26, 1928, B.P. Grobovsky presented to the commission a non-audio tele-image transmitted from the territory of modern Amir Timur Square. It was a huge contribution to the development of television as a unique channel of mass information and communication.

Today, in Central Asia countries, television is the most accessible media channel for all segments of the population. The countries of the region are actively developing the private television sector, as well as cable, satellite and digital television.

To celebrate the World Television Day, I have started the script development of my "Black, Bold & Beautiful' reality TV series that will be ready for broadcast locally and globally in 2024.




"Black, Bold & Beautiful" is the celebration of black, bold and beautiful go-getter women in Nigeria, the rest of Africa and the Diaspora.

Happy World Television Day!

Cheers!

- Ekenyerengozi MichaeI Chima,
Publisher/Editor,
NOLLYWOOD MIRROR® Series
Screen Naija YouTube Channel





Saturday, November 18, 2023

Support Nigerians Report Online


Kindly Donate To Support Nigerians Report Online 

Send donations to the following bank accounts:

WEMA Bank

8028426313
Ekenyerengozi Michael Chima

Guaranty Trust Bank 

Acct: 0016426297 

Ekenyerengozi MichaeI Chima


Domiciliary account for Dollars and Pounds:


Guaranty Trust Bank Plc

365 Akin Adesola Street, Victoria Island, Lagos State, Nigeria.

Beneficiary name- EKENYERENGOZI MICHAEL CHIMA

Account number- 0016426307

Bank identifier/SWIFT CODE- GTBINGLA

SORT Code - 058152353

Thanks.

Best always,

Ekenyerengozi MichaeI Chima,

The Publisher/Editor,
Kisses 'n' Roses

TALK OF THE TOWN By Orikinla

Nigerian Times Blog

Nigerians Report Online

The Rhema Blog

Nigerian Times Blog

Nigerians Report Online

The Rhema Blog


 

Nigeria: O Tempora O Mores, Sic Transit Gloria Mundi



Nigeria: O Tempora O Mores, Sic Transit Gloria Mundi

There is an epidemic of intellectual ignorance among the majority of Nigerians in Nigeria, including those who claim to be graduates of tertiary institutions, but are still intellectually challenged in logical and rational analysis of the vicissitudes of life and the essence of human civilization. 

Then there is a facade of conceit and deceit by the elites who are posing and posturing in affluence and opulence of the luxuries of the status symbols of their hypocritical society.
Money can buy lifestyle of luxury.
But money cannot buy class.
You don't need to be rich to have class.
You cannot have class without dignity, integrity and nobility.
You must appreciate the high values of the virtues of life.

A Fraudster can afford to live in a palatial mansion and buy expensive posh cars and SUVs and fly on private jets and dress in Gucci, Dior, Armani.and Versace and drink Champagne. But the Fraudster is still beneath the men and women of dignity, integrity and nobility.
All that glitters is not gold.

You must understand the difference between a life of pretence and a life that is the true essence of human existence.
You must know the difference between fallacy and legacy.

In the next 100 to.1000 years in the world if the Earth is still in existence, students.and scholars will be reading and studying Wole Soyinka and his peers and the intelligentsia of our generation. But all the mobs of the intellectually retarded and multitudes of this generation would be forgotten in the sands of time. 
I know the time frame of everyone and everything in Nigeria and the rest of the world in the history of civilization.

Everyone has a story.
But not everyone will make history.

- Ekenyerengozi Michael Chima,
Author of "The Prophet Lied", "Diary of the Memory Keeper" and other books distributed by Amazon, Barnes and Noble and other booksellers.
Saturday, November 18, 2023 
Lagos, Nigeria.


ZENITH International Film Festival's Merchandise for Fashion and Lifestyle



Film festivals are established for the promotion of the film industry which includes film tourism and movie merchandise and so much more in show business.

I have written on the huge film tourism and movie merchandise industry which have been very successful from Hollywood to Bollywood generating billions of dollars. And I have completed my feasibility studies for film tourism and movie merchandise for Ñollywood and the Nigerian film industry. The articles were published on Indiewire and Shadow and ACT since 2016. The articles have also been published on my Nigerians Report Online with the feature on the best film locations in Nigeria having over 5, 000 pageviews so far.



ZENITH International Film Festival will generate revenues from international film acquisition and distribution; film tourism, movie merchandise and from the hotels and guest houses for the participants and tourists.

The following selections of the merchandise which I have designed will create jobs and boost the creative economy of Nigeria.
























My duly incorporated International Digital Post Network Limited, one of the most valuable digital media companies in Nigeria has international partnerships with Vuulr and Cinewav of Singapore for global film acquisition and distribution and for cinemas. And has international news media partnerships with PR Newswire, APO Group and a pending partnership with one of the biggest and largest broadcasting companies in the world which will be of immense benefit to our ZENITH International Film Festival in the world.
 
The merchandise of the ZENITH International Film Festival will be distributed locally by distributors in Nigeria and globally by Amazon.

The first designs of the T-shirts are already available on Instagram and Selar made to order on premium fabrics with or without the name of ZENITH International Film Festival with the beautiful logo. The logo is the symbol of the brand of ZENITH International Film Festival.

Only the best is good enough for us.

- By Ekenyerengozi Michael Chima,
The CEO,
International Digital Post Network Limited,
The Founder/President,
ZENITH International Film Festival





Friday, November 17, 2023

Video: Ekenyerengozi MichaeI Chima on Friday November 17, 2023

 


I am not smiling today, because cash flows of incomes have not been regular. I am grateful for food and water by the grace of Almighty God.

Money or no money, I keep on creating artworks and writing new articles and stories. 

I am broke, but not broken.

Creativity conquers adversity.

Don't give up.

#God #grace #money #creativity #art #artworks #articles #stories #writing #life #video #incomes #cashflows #payday #food #water

Wednesday, November 15, 2023

ZENITH International Film Festival T-SHIRT


ZENITH International Film Festival

Class, fashion and lifestyle for the global film industry

We are happy to announce the first  edition of ZENITH International Film Festival T-SHIRT for all ages which is part of merchandise of coming annual ZENITH International Film Festival next year, 2024 in Lagos, Nigeria.

T-SHIRT designed by Ekenyerengozi Michael Chima.


Other brands of the products of the film festival for fashion and lifestyle include shopping bags, traveling bags, mugs, earphones, headphones, caps, neck chains, headbands, wristbands and so much more.


Advance orders are available made on demand.


Local and international distributors can contact me by email:

ekenyerengozimichaelchima@gmail.com.


Cheers!


- Ekenyerengozi Michael Chima,

Founder/President

The Founder/CEO,

International Digital Post Network Limited,

Publisher/Editor,

NOLLYWOOD MIRROR® Series

King of Kings Books International

Screen Outdoor Open Air Cinema, SOOAC

Screen Naija YouTube Channel,

iPost Nigeria


#zenith

#filmfestival

#filmindustry

#fashion

#lifestyle

#shopping

#travel

#filmtourism

#tourism

#lagos

#nigeria

#brands

#products

#merchandise

Tuesday, November 14, 2023

Dabyna Poll-Abraham: The Best Rock Music Guitarist in Africa


Dabyna Poll-Abraham:  Son of Rock

The Best Rock Music Guitarist in Africa

@dabynasonofrock is the best rock music guitarist in Africa for over 20 years and still counting. 

A fact that majority of Nigerians don't know. And he is a Nigerian.

He has performed in the United States of America, the United Kingdom and other countries.

He is also amiable, humble and noble. 

A very philosophical musician.

I have had the honour of performing with him in 2002 as he and his band played for the rendition of my song, "Darego! You Are the Most Beautiful Girl in the World" in honour of Agabani Darego, the first Black African Miss World crowned in 2001. 

The live performance was for the graduation day of the students of the Alliance Française at the French Cultural Centre in Ikoyi, Lagos, Nigeria.

It was an unforgettable night as the girls were screaming as I sang.

Do you know that Daby Poll-Abraham also plays Afrobeats rock music?

- By Ekenyerengozi Michael Chima,

Publisher/Editor,
NOLLYWOOD MIRROR® Series,
Nigerians Report Online,
https://www.nigeriansreportng.blogspot.com
New Nigeria on Pinterest
www.pinterest.com/nigeriansreport
https://www.amazon.com/author/ekenyerengozimichaelchima
https://www.linkedin.com/in/michaelchimaeyerengozi


#rockmusic 

#rock 

#music

#afrobeats 

#agbanidarego

#beautiful

#girls

#graduation

#graduationday

#song

#missworld 

#nigeria

#africa

#guitarist

#unitedstates

#america 

#uk

#france

#french

#lagos

#ikoyi

#art

#culture 

#band


Monday, November 13, 2023

Françoise Gaime Gilot, The Feminist Muse of Pablo Picasso


Artworks in Honour of Françoise Gaime Gilot, The Feminist Muse of Pablo Picasso

To me, Françoise Gaime Gilot was the most beautiful and intellectual of all the Muses of Pablo Picasso.

Attractive and expressive and not submissive like the other women.
She was a feminist.
Her refusal to be submissive annoyed him.

I have done these artworks which I am also going to mint as NFTs in memorial tribute to her.
- Ekenyerengozi Michael Chima.

Françoise Gaime Gilot 

(26 November 1921 – 6 June 2023)












#art
#artists
#pablopicasso
#picasso
#francoise
#francoisegilot
#beautiful
#intellectual
#beauty
#love
#relationship
#nft

#digitalart
#artwork
#feminist

https://lnkd.in/d8vK6ZMw