Africa, global, Netflix, News, Nigeria, Nollywood, World -

‘Nigeria’s Netflix’ Takes Nollywood Global

Africa, global, Netflix, News, Nigeria, Nollywood, World -

‘Nigeria’s Netflix’ Takes Nollywood Global

Source bbc.com
Source bbc.com

An episode of Shuga, a popular soap opera set in Kenya, is playing on a screen at the offices of iRoko TV – an online platform commonly dubbed the “Netflix of Africa.”

In a corner of the room, facing the rest of the operation and separated by a glass partition, sits Jason Njoku, the company’s founder.

Born and brought up in London, Njoku is now Lagos-based and building what is proving to be a revolutionary tool, as Nollywood – Nigeria’s Hollywood – moves on from DVD to digital platforms.

Since 2011, iRokoTV has racked up millions of views, its founder says, “connecting African films with fans globally” with its huge online catalogue.

The company pays filmmakers about $10,000 (£5,900) to $25,000 for the digital rights to stream their content for a period of time.

In fact, Jason Njoku says the group spends $3 million-$4 million a year on licensing and producing content, hoping to make back the money in two to three years.

Subscribers pay a monthly fee of $8 with unlimited access to movies from around Africa on the iRoko TV platform, although most productions come from Nigeria and Ghana.

“There’s always that star power thing … similar to Hollywood, similar to Bollywood, similar to any content industry around the world,” says Njoku.

“You look at the stars, you look at the director… super important … you also look at the quality of the actual movies themselves, and we try to sync that with the audience. So, every ten movies we view, we only buy one or two of them.”

It is a model that not many would have thought about a few years ago, but today iRoko’s success has seen the emergence of other competitors.

One, Pana TV, secured the rights to the acclaimed film Half Of A Yellow Sun, which stars Hollywood’s Chiwetel Ejiofor and Thandie Newton.

 

Read more at bbc.com


Leave a comment

Related Posts

Apparently, Alexandria Ocasio-Cortez Doesn’t Look Poor Enough for Republicans
I’m not sure what conservatives want from Congressmember-elect Alexandria Ocasio-Cortez who had the audacity to menti...
Read More
Jalopnik Turo Guy Who Street Parked 38 Cars Has Chicago Furious With Him | Kotaku Sony Is Skipping E
Jalopnik Turo Guy Who Street Parked 38 Cars Has Chicago Furious With Him | Kotaku Sony Is Skipping E3 2019 | Gizmodo ...
Read More
Idris Elba’s daughter named 2019 Golden Globes Ambassador
Idris Elba isn’t the only member of his family with something to celebrate. His 16-year-old daughter, Isan Elba has b...
Read More
Little To No Representation Of Black Santas Across U.S. Sparks Black Santa Winter Wonderland In Oakland
Former Golden State Warrior, current investor and tech entrepreneur, Baron Davis, wants the holidays to reflect the c...
Read More

Tags