lionshare:


Congrats to her!

Netflix needs to create a sort of cheaper pay as you go plan(like watch a movie for N100 or N50), this way we can discourage piracy.

You need Serious data to watch Netflix in the first place,poor masses can't afford that.
Not to talk of devices you'd need to access the Netflix,
Smart TV,WiFi box,data,etc...
It's not the Netflix subscription but associated cost.
So you see,piracy and asaba movies lives on...The 2 industries will exist concurrently,serving different markets

Armaggedon:
in business, the profit the producer takes home is what matters.

If you start a business with this mindset you won't last. I guess selling substandard is alright as far as you make profit. See that's why Lionheart will be forgotten in history.

yoruboid:
Now the era of home videos and piracy have come to an end and the focus is more on cinema and streaming, the real geniuses of the industry have emerged

Soon, we will witness the end of fake drugs and electronics and we will see the emergence of the real entrepreneurs in that field

The Yorubas lead in Entertainment, Tech, Banking, Poultry Farming, Industries, Fashion, Education, Real Estate, Governance, Hospitality and Commerce devoid of fraud

You see that commerce devoid of fraud yen gangan ni

Armaggedon:
Complete misinformation and pure delusion.

Lionheart alone was sold for $3.8 million which is about 4.5 billion Naira.

Cinema movie producers pay a lot to promote and hype their movies, in addition to their actual production cost, and the large percentage going to cinema houses and tax!

Their actual profit is a small percentage of the gross.

Netflix and cinema industry in Nigeria is not viable for economic and cultural reasons. That is why foreign movies still dominate Nigeria cinema.

Over 95% of nollywood fans still watch movies through Cable Television channels and YouTube.

Someone should tell this people that delusion does not build an industry.

The stat here is "highest grossing". It means how much the movie itself earned - where is the misinformation here?

lagbaja:
In reality, Wedding party produced by Kemi Adetiba is the highest grossing Nollywood wood film if you consider the exchange rates at the times of production.

Wedding party produced in 2016 made N452million when exchange rate was about N390 per dollar. That gives us about $1.2 m dollars.

On the other hand, Funke Akindele's Children of Judah grossed N1B ( latest figure as at yesterday 5th January 2024) which in dollar terms is about $833k dollars (1 $= N1200)

Oga Lagbaja, is it $ you pay to watch the movie at the Cinema house? Dramatic set of slave mentality, pricing the stuff made and consume in Nigeria in $.

Efilse:


Which fact of life? Why is it called a Martin Scorsese picture, or a Steven Spielberg movie, or a Spike Lee joint!

In terms of movie ownership, it's the director's, in terms of profit , it's the producers. Get it.

I don't agree with you. Some people can double as directors and producers. Do a simple Google search and stop all this assumption.

TimeMachine3:
Funke Akindele is greater than all ibo asaba nollywood film nonsense.

You'll soon learn that turnover is bigger than aesthetics.
A N1B movie that distribution and production cost surely took 20% of the revenue and that will most likely be achieved just once in 3 years is what you want to use and compare asaba industry that they use 3m-5m to generate 15-25m and will turnover this more than 30times a year for a serious producer?
You're still naive.
Redbull cost 1k on the shelves,fearless cost 200 or so,
Later go and check NBL balance sheet on Fearless and also go check Alva on redbull.
Dey play

lagbaja:
In reality, Wedding party produced by Kemi Adetiba is the highest grossing Nollywood wood film if you consider the exchange rates at the times of production.

Wedding party produced in 2016 made N452million when exchange rate was about N390 per dollar. That gives us about $1.2 m dollars.

On the other hand, Funke Akindele's Children of Judah grossed N1B ( latest figure as at yesterday 5th January 2024) which in dollar terms is about $833k dollars (1 $= N1200)

Do you know how much it will make in dollars term within the next six month?

Dareal90s:

Shut up, that is politics, you guys don't know it is a game and not an emotional thing, Tinubu just congratulated her, that is how we do our thing here.

It is politics but everyday you spend your life and existence on here doing Igbo this, Igbo that,I bet that is also ongoing politics..

Hypocrites

SmartPolician:


I don't agree with you. Some people can double as directors and producers. Do a simple Google search and stop all this assumption.

Who is disputing that! Infact the Funke Akindele you are hating is exactly that on this movie: A director and the producer.

yoruboid:
Now the era of home videos and piracy have come to an end and the focus is more on cinema and streaming, the real geniuses of the industry have emerged

Soon, we will witness the end of fake drugs and electronics and we will see the emergence of the real entrepreneurs in that field

The Yorubas lead in Entertainment, Tech, Banking, Poultry Farming, Industries, Fashion, Education, Real Estate, Governance, Hospitality and Commerce devoid of fraud

You wicked o, You dey learn work from Reno Omokri baa, this finishing na brutality or fatality.

Armaggedon:
Complete misinformation and pure delusion.

Lionheart alone was sold for $3.8 million which is about 4.5 billion Naira.

Cinema movie producers pay a lot to promote and hype their movies, in addition to their actual production cost, and the large percentage going to cinema houses and tax!

Their actual profit is a small percentage of the gross.

Netflix and cinema industry in Nigeria is not viable for economic and cultural reasons. That is why foreign movies still dominate Nigeria cinema.

Over 95% of nollywood fans still watch movies through Cable Television channels and YouTube.

Someone should tell this people that delusion does not build an industry.

So na Asabawood and piracy dey build the industry airhead illiterate. YORUBAS are your overlords when it comes to Entertainment, Arts and Culture.

SmartyPants:


The stat here is "highest grossing". It means how much the movie itself earned - where is the misinformation here?

No mind am! My God! The illiteracy! Hate dey make person stupid.

kay29000:


I don't see this forum dying any time soon, cos people have been saying what you said since 2014, when things shifted on Nairaland... It's been 10 years and Nairaland keeps growing in terms of number of active users.

The truth is, this who we are in this country... Nairaland just gives people an avenue to speak their minds on a faceless forum. Seun gets the traffic, and smiles to the bank. Even though he said he would change things some days ago, I doubt he will do anything about it.

I agree with you. I joined this forum in 2008, built a 10m+ per month business from scratch using the forum and I am grateful but Seun has been an embarrassment enabling tribalism.

You can't read comments and not get angry. It was never like this when I first joined in March 2008.

yoruboid:
Now the era of home videos and piracy have come to an end and the focus is more on cinema and streaming, the real geniuses of the industry have emerged

Soon, we will witness the end of fake drugs and electronics and we will see the emergence of the real entrepreneurs in that field

The Yorubas lead in Entertainment, Tech, Banking, Poultry Farming, Industries, Fashion, Education, Real Estate, Governance, Hospitality and Commerce devoid of fraud

actually yorubas are more of producers while Igbos are mostly retailers in business .

SeaTrade:
You'll soon learn that turnover is bigger than aesthetics.
A N1B movie that distribution and production cost surely took 20% of the revenue and that will most likely be achieved just once in 3 years is what you want to use and compare asaba industry that they use 3m-5m to generate 15-25m and will turnover this more than 30times a year for a serious producer?
You're still naive.
Redbull cost 1k on the shelves,fearless cost 200 or so,
Later go and check NBL balance sheet on Fearless and also go check Alva on redbull.
Dey play

Hate dey blind reason and logic! E no go help you. What you don't know is it's a progressive journey......our movies are getting on Netflix, Amazon prime, it's getting noticed......which would start bringing heavy investor into the industry.

But it first had to start with quality. See it takes time, creativity and $$$ to create quality not the asaba rubbish we did in the past, that made cheap quick profits and almost wrecked the industry. The new Nollywood is on the right trajectory.

Armaggedon:
Complete misinformation and pure delusion.

Lionheart alone was sold for $3.8 million which is about 4.5 billion Naira.

Cinema movie producers pay a lot to promote and hype their movies, in addition to their actual production cost, and the large percentage going to cinema houses and tax!

Their actual profit is a small percentage of the gross.

Netflix and cinema industry in Nigeria is not viable for economic and cultural reasons. That is why foreign movies still dominate Nigeria cinema.

Over 95% of nollywood fans still watch movies through Cable Television channels and YouTube.

Someone should tell this people that delusion does not build an industry.

I know for sure if even 20% of the people on this list are from upper iweka your narrative would be different,what is the delusion here when we were watching home videos from vcd and DVDs and even video cassettes your ,the profit was going to obioma in alaba pirating it now reality has dawned on you ,you are spewing nonsense I am not surprised if it is not ibo it is not authentic to you Mr lion heart

N800m for a movie produced in 2016/17 is greater than the N2 billion of 2024.

Statisense should know better. You can't make any reasonable and responsible deductions or valuations from your Naira-based listings. The Naira is too unstable for this nonsense.

Use percentiles ONLY.

While one tribe (the yorubas) invest heavily to make quality movies. The other tribe does quick, easy movies to get easy money.

The quality of Nollywood movies will greatly improve if the yorubas take a leading role

Melezenawii:


Statisense

For whatever reason, Yorubas hardly makes noise if not for our useless politicians.

Nice one they are hardworking

BossGerald:
I started liking funke akindele when she acted alongside Queen nwokoye and Nse ikpe etim in the movie "beautiful liars".



Mehn, that girl can actm

Nobody send you

MadamExcellency:
Directors are not making the money. The producers and marketers are the owners of the business.

Directors are just employees.

This is old method bro, which marketers when the so called actors and producers are controlling huge numbers of followers on their social media. Didn't you watch how Funke promote her own movie?

lagbaja:
In reality, Wedding party produced by Kemi Adetiba is the highest grossing Nollywood wood film if you consider the exchange rates at the times of production.

Wedding party produced in 2016 made N452million when exchange rate was about N390 per dollar. That gives us about $1.2 m dollars.

On the other hand, Funke Akindele's Children of Judah grossed N1B ( latest figure as at yesterday 5th January 2024) which in dollar terms is about $833k dollars (1 $= N1200)

.

Where did you see children of Judah

The FTC on this thread is an unrepentant tribal lmbecile.

Pristine664:
If a quarter of this kind of success was recorded by our noisy southern neighbours, we for no dey hear word again.

As pathetic as your warped reasoning sound, I'm inclined to ask - why were this "noisy southern neighbors" given the lead roles in the same movie?
Why didn't the likes of your "de-sophisticated", hypocritical Z-list actors/actresses take up the role n fetch Funke same revenue?
Now here's free knowledge - Lionheart alone was sold for $3.8 million which was about 4.5 billion naira then.
Did you hear any "noisy southern neighbors" disturb your forebears and kids unborn about this figure back then?
Now Use the current forex yardstick to convert $3.8m quickly n see how your exposure to reading n writing is an utter waste of space and effort.

Internet slowpoke.

Efilse:


Who is disputing that! Infact the Funke Akindele you are hating is exactly that on this movie: A director and the producer.

I don't have the time to hate anyone, olodo! I am saying that the producer owns a movie, not a director, and that was taught in elementary literature.

Armaggedon:
Complete misinformation and pure delusion.

Lionheart alone was sold for $3.8 million which is about 4.5 billion Naira.

Cinema movie producers pay a lot to promote and hype their movies, in addition to their actual production cost, and the large percentage going to cinema houses and tax!

Their actual profit is a small percentage of the gross.

Netflix and cinema industry in Nigeria is not viable for economic and cultural reasons. That is why foreign movies still dominate Nigeria cinema.

Over 95% of nollywood fans still watch movies through Cable Television channels and YouTube.

Someone should tell this people that delusion does not build an industry.

Your "igbo are always the best" mentality still continue in 2024 despite seeing overwhelming empirical evidence from Statisense. If Genevieve's Lion Heart tops the chart, looking at all the variables including those you mentioned, Statisense would have put her name.

As at the time Lion Heart was bought by Netflix, the equivalent in Naira was about N1.3b or so and you cannot tell the buyer to increase their naira purchase value to present value of Naira visavis the dollars.

yoruboid:
Now the era of home videos and piracy have come to an end and the focus is more on cinema and streaming, the real geniuses of the industry have emerged

Soon, we will witness the end of fake drugs and electronics and we will see the emergence of the real entrepreneurs in that field

The Yorubas lead in Entertainment, Tech, Banking, Poultry Farming, Industries, Fashion, Education, Real Estate, Governance, Hospitality and Commerce devoid of fraud

Looooool!! Leading indeed! Imagine the myopic lopsided reasoning,, this early 2024,,,

haffaze777:
Yoruba to the world.we ain't anybody's mate.

....
Na movies una come act for this life?
Don't make it look like it's only Yoruba people that have something to brag about...
Nigeria needs everyone to be up and doing...
Igbo, Benin, Yoruba, everyone...... Hausa, fulani... Every single one needs to be up and doing.....
Make una stop all this Yoruba to the world.... Igbo amaka bull shit

lionshare:


Congrats to her!

Netflix needs to create a sort of cheaper pay as you go plan(like watch a movie for N100 or N50), this way we can discourage piracy.

So #1200 a month is not okay for you,with your supposed idea,if I watch film 15 times a month,that's #1500