Nollywood is always a fascinating topic for international publications and news outfits.
An article on CNN published on Friday, titled “More than feuds and dramas, Nollywood is a mighty economic machine,” writer,
Here are some excerpts from the article:
They used to be the preserve of informal home gatherings around old flickering TV sets, but Nollywood films have now gone global. Movie streaming giant Netflix has dedicated an entire section to Nigeria’s mega film industry, so rather than having to buy a DVD, viewers around the world can now get their fix of Nigerian drama straight to their computer screens… Nollywood is notorious for churning out hundreds of movies per month, capturing viewers with stories ranging from romance and drama to comedy and witchcraft.
Nigeria’s film industry pumps out around 50 movies per week and is estimated to generate around $600 million annually for the country’s economy. With more than 1,200 films a year, it’s the world’s second biggest producer behind India. Nollywood is also Nigeria’s second biggest provider of work, employing directly or indirectly more than one million people.


No comments:
Post a Comment