₦airaland Forum

Veteran Nollywood actor and filmmaker Jide Kosoko has said he is in debt after his film, Eleko: Oba Esugbayi, failed to recoup its production cost of over N300m in cinemas.

Kosoko disclosed this in a now trending clip from his interview on African A-List published on October 17, where he explained that the money used to produce the film came from investors who expected returns on their investment.

According to him, the film which premiered in the cinemas in March, failed to generate enough revenue to recover its production cost, while the little money earned was shared among those involved.

“My film ‘Eleko: Oba Esugbayi’ that recently came out and we took to the cinemas, cost us over N300 million. Do I have 300 million? You should know that some people gave it to me and it was not that they dashed me, they invested in it and we took the film to the cinemas,” he said.

He added, “Different things happened and we did not earn our money back. The little that was earned was split. As I am, if you hear someone with debt dancing around their neck, it is me.”

PUNCH Online had earlier reported that Kosoko revealed he had been living with diabetes since 1996, saying his decades-long experience with the condition had given him a better understanding of his health.

“I became diabetic in 1996; I understand my health better than some doctors do. Do not misquote me. I am not saying I know how to do everything, I just do not want to die,” Kosoko said.

He also spoke about his personal life, disclosing that he had lost three wives, including the mother of his daughter, Bidemi Kosoko, who died during childbirth.

“I lost my wife during childbirth; that’s Bidemi’s mother. I have lost three wives,” he said.

https://punchng.com/jide-kosoko-laments-debt-following-n300m-movie-cinema-loss/

Of course your movie can't sell because of poor story line and production
Little wonder he has been fooling around asslickung APC, so he can get a stash of the loot being shared.
Jude is a disgrace to legends in the movie industry.

Make e contact seyi for reimbursement

Lamentations kee you there, no wonder him dey arse lick APC since.

clarocuzioo:
Of course your movie can't sell because of poor story line and production
Little wonder he has been fooling around asslickung APC, so he can get a stash of the loot being shared.
Jude is a disgrace to legends in the movie industry.

That out of place and inappropriate to such a legend, whom have done and given to the film industry. Inasmuch I don't personally agree with his assessment of the present economic situation under the ruling APC which is within his right to either critic or agree with, your outburst and insult is needless and not in tandem with the omoluabi ethos.

zoghys:
That out of place and inappropriate to such a legend, whom have done and given to the film industry. Inasmuch I don't personally agree with his assessment of the present economic situation under the ruling APC which is within his right to either critic or agree with, your outburst and insult is needless and not in tandem with the omoluabi ethos.

Seconded!!!

Lick more of Apc ass ,they will give you 1billion. Idiot...

Why is he lamenting? He is not suppose to complain because all is well if you are an APC supporter.
He should please channel his complaints to the person he is supporting and campaigning for and live us hell alone.
Enjoy the outcome of your output Sir in peace.

This man claimed things are fine and the hardship talk is exaggerated but he is now coming out to say people didn't come out to watch his movie. You're expecting good turnout in a country where a large part of the population are having issues meeting their basic needs. Let him take the movie to his audiences at aso rock.

Cinema films not easy at all. Baba should have give the film to one of his daughters, due to they still young, they will market it well with vibes. Or even sell it to someone like funke,toyin, odun or femi.

No sane Nigerian would support APC unless u have corn in your pocket

APC would see ur desperate and dangle some corn in front of you

As u collect corn, u must come out and deliver o

You cannot collect corn and keep quiet

Haha Jide Na real Mumu boy 😂😂

So that's why he sold his soul to the same government that impoverished people so much that they can't go to the cinema to watch his movie?


Bleached out Mfker reaping what he has sown

clarocuzioo:
Of course your movie can't sell because of poor story line and production
Little wonder he has been fooling around asslickung APC, so he can get a stash of the loot being shared.
Jude is a disgrace to legends in the movie industry.

Your hate will eventually consume you.

Most cinema movie producers operate at a loss. Nigeria doesn't have a good cinema tradition. Action movies are good for cinema but we don't produce action movies, we produce mostly family drama and then pay heavily to feature it on a busy day in the cinema, then claim it grossed heaven on earth. Grossing is not profit. A movie can gross 100 million naira but the producer goes home with 10 million naira profit.

No wonder he went around spitting trash to supports APC.... Oponu agbalagba!

Usmanovic95:
This man claimed things are fine and the hardship talk is exaggerated but he is now coming out to say people didn't come out to watch his movie. You're expecting good turnout in a country where a large part of the population are having issues meeting their basic needs. Let him take the movie to his audiences at aso rock.

They all know things are going from bad to worst in Nigeria, they just wan dey yarn rubbish due to tribalism.

He would for ever be remembered saying that one square meal is enough for Nigerians because he had corn inside his pocket

zoghys:
That out of place and inappropriate to such a legend, whom have done and given to the film industry. Inasmuch I don't personally agree with his assessment of the present economic situation under the ruling APC which is within his right to either critic or agree with, your outburst and insult is needless and not in tandem with the omoluabi ethos.

Thirded.


We Should All Be OMOLUABIs.

Its part of the business... no be today

Why not take the movies to YouTube and Netflix?

clarocuzioo:
Of course your movie can't sell because of poor story line and production
Little wonder he has been fooling around asslickung APC, so he can get a stash of the loot being shared.
Jude is a disgrace to legends in the movie industry.

Francis duru obi supporter dies ..lament in movie industry..what do you have to say about that... ?

You dey do useless movie when people never chop. Oya na....

If he had been neutral and supported APC passively, definitely his movie would have sold.

Politics na sense.

If you are supporting a compromised politician, do so in secrecy.

As I dey so, I dey in multiple APC groups, but you can't see me openly supporting APC because the masses do not like them.

Well, I hope all things goes fine with him.

Jakarta:
Lamentations kee you there, no wonder him dey arse lick APC since.

So na apc make him.lost N300m in movie? Wetin concern apc with movies lost? Oh God wetin do your brain dis boy biko wetin na?

Na today pipu dey lost money in movie? Na apc wan go watch movie? Na apc dey feed him? Na apc asked him to do movie?

When people no dey chop well how dem wan comot money go watch your film, abi you no know say bad governance dey affect every strata of our lives nii?

clarocuzioo:
Of course your movie can't sell because of poor story line and production
Little wonder he has been fooling around asslickung APC, so he can get a stash of the loot being shared.
Jude is a disgrace to legends in the movie industry.

A disgrace because he supports APC. I wonder how in this world people will expect everybody to support whoever they are supporting irrespective of what is going on. Majority of people like you are delusional.

Konjiboii:
When people no dey chop well how dem wan comot money go watch your film, abi you no know say bad governance dey affect every strata of our lives nii?

Na chop dem dey take patronised movie? So na by force to watch Kosoko movie ba? So nor be same apc era Femi Adebayo, Toyin Abraham etc hit hundreds of millions naira? Are yu pipu alright at all? No..

He should ask for an installment from the amount the Tinubus paid for his soul.

Anyway, he may just be saying it so that people can relate to his suffering......the same people he alleged were already suffering before his master came to power.

"Before now, what were they eating?"

Very good, o!

That statement alone can make his movie bomb! All these guys supporting nonsense, why don't people just censor them by refusing to purchase their content or product?

Usmanovic95:
This man claimed things are fine and the hardship talk is exaggerated but he is now coming out to say people didn't come out to watch his movie. You're expecting good turnout in a country where a large part of the population are having issues meeting their basic needs. Let him take the movie to his audiences at aso rock.

Don't mind him. Everyone of them supporting this evil government is doing so either under a curse or under duress

Go and lick Amoda ass, why the lamentation online. Una never see something, it will reach all of you that support Amoda.

Unwise man. You wan produce movie of 300m, you go produce yoruba movie(I am not being tribalistic). A movie restricted to one tribe will never sell as much as the one in English that anyone (all tribe) can see. Learn from Funke Akindele.