I will be shining the spotlight on successful businesses and also highlighting how they did it

Today, the spotlight is on IROKO TV, an online movie streaming platform that provides paid for Nigerian films on demand

Irokotv was founded as a result of the difficulty to find Nollywood movies online and also the lack of infrastructure in place for international distribution of African movies. Irokotv was launched on 1 December 2011. It's parent company, iROKO Partners was founded by Jason Njoku and Bastian Gotter in December 2010 with its headquarters in London, United Kingdom. Irokotv is one of the world's legal digital distributors of African movies

Irokotv's main offering is an internet video streaming platform of selected Nollywood titles (both English and Yoruba films). The platform currently has around 5,000 movies on the platform, which equals approx 10,000 hours of content. Irokotv operates a subscription business model where users can access Nollywood movies via an App. In 2012, the company opened offices in London and New York and in 2013, the company added a further office in Johannesburg. In 2014, the company moved into global offline distribution and supplies a number of airlines with Nollywood content, including British Airways, South African Airways, Emirates, Kenya Airways and United Airlines

In 2015, iROKOtv launched a new feature that will enable subscribers download movies for later offline viewing. The company has in total, raised $25m funding, making it one of the funded West African internet companies. In 2017, iROKO TV won the 'Online Television With Best Movie Content Award' at the City People Movie Awards

Cheers to more success IROKO TV