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cashkid18: if u cant accept d fact dt nollywood was started n owned by d igbos,u shud then go n die ![]() Whining as usual, whenever their bubble is deflated. Liarrrrrr. Igbos are not patriotic to Nigeria and they are very self centred group of people. It was named Nollywood because it is the film industry for the whole of Nigeria and not Biafra and alaigbo. If you can't deal with that, jump inside Atlantic ocean and die. |
![]() Clueless Moyes. He is a learner. |
The enhanced production and content quality of Nigerian films indicate the growing professionalism in Nollywood (the Nigerian movie sector) with the industry making an average of N1.72 billion ($100, 000) in 2013 analysts say. In the last five years, the industry has been growing in terms of quality. Little wonder it has been rated the third most valuable movie industry in the world, behind Hollywood and Bollywood. The development has also impacted on returns. Just as it has ranked third globally in terms of quality of production, it has grossed revenues that placed it third in the world. Robert Orya, managing director, Nigerian Export-Import Bank (NEXIM), says Nollywood ranks third globally in revenue. According to him, the revenue the film industry has generated in the last three years is between $300 million and $800 million. “The global film and entertainment industry generated about $90.6 billion revenue in 2010,” Orya explains, saying “the revenue increased to $102.7 billion in 2012. Most of these revenue streams are from theatrical distribution. North America contributed the largest market share of about 40 percent. Europe, Middle East and Africa accounted for 24 percent, Latin America 20 percent, and Asia Pacific made only 3 percent contribution.” Victor Okhai, film maker, says a new crop of film makers began to bring professionalism into the industry in the past few years, which explains the improvement in the quality of films produced lately. Those who fall into this group include Tunde Kelani with movies like ‘Thunderbolt’ (‘Magun’), Tade Ogidan with ‘Dangerous Twins,’ Richard Mofe Damijo’s ‘Out of Bounds,’ Ego Boyo with ‘30 Days,’ the Amstel Malta Box Office series. “It is expected that the quality of films will improve,” says Okhai. “We are at a stage where we can no longer play the mediocre. We have discovered that when we attend film festivals, we realised that nobody pays attention to Nollywood films. They look at the industry with disdain at these film festivals. Then local film makers came back home to do some serious work. Many film makers are challenged by what they see at film festivals,” he says. The year 2013 witnessed the birth of the most expensive film in Nollywood, “Half of a Yellow Sun,” which cost about N1.27 billion ($8m) to make. The movie, an adaptation of Chimanmanda Ngozi Adichie’s novel, “Half of a Yellow Sun,” was shot at Tinapa Film Studio, Cross River State, and in the United Kingdom. Before ‘Half of a Yellow Sun,’ ‘Tango with Me’ produced by Mahmoud Ali-Balogun, ranked the most expensive film. Shot with the latest Kodak 35mm camera, ‘Tango with Me’ costs over N50 million to make, says Ali-Balogun. In a bid to make a difference in an industry populated by poorly produced films, Balogun travelled to Bulgaria to master film technology. The end product of the trip was an outstanding film that ‘Half of a Yellow Sun’ has rivalled. Industry analysts say the return of the cinemas has offered a veritable platform for film makers to escape the open market that has been largely taken over by pirates. By first showing their movies at the cinemas, film producers are assured of getting returns on their investments. But Okhai observes that this will not be possible with bad production quality. “Cinemas cannot project poor quality films,” explains Okhai, as “your flaws as a film producer are blown in proportion to the size of the screen. Film makers in the Diaspora are returning home to show how good films are made abroad. Their films are changing the way local film producers are making films.” Truly, not a few well-produced films have been commercially successful at the cinemas. In 2013, ‘The Meeting’ produced by Mildred Okwo and Afolayan’s ‘Phone Swap’ also recorded huge commercial success. In 2009 for instance, Stephanie Okereke’s movie, ‘Through the Glass,’ premiered at the cinemas making over N10 million. This was followed by Kunle Afolayan’s ‘The Figurine’ becoming the first local film to make over N30 million in the cinemas. Chineze Anyaene’s film, ‘Ije,’ also recorded tremendous success at the cinemas, making over N57 million and viewed by an estimated 14,000 people. In 2010, ‘Ije’ was reputed to be Nigeria’s highest selling movie in the cinemas, returning to the cinemas three times that year. Its success was next to Hollywood’s ‘Avatar.’ ‘Anchor Baby’ produced by Lonzo Nzekwe also made over N17 million. In a report, the United Nations Educational, Science and Cultural Organisation (UNESCO) stated that the Nigerian film industry produces more than 2,400 films per year. This figure places Nollywood ahead of the United State’s Hollywood and behind India’s Bollywood. However, a CNN 2013 report shows that Nollywood is worth US$250 million producing 200 home videos monthly. The commercial viability of the film industry prompted President Goodluck Jonathan to make available an additional sum of N3billion as grant to the film industry. The grant is to be supervised by the Minister of Finance, Ngozi Okonjo -Iweala and Minister of culture, tourism and national orientation, Edem Duke. The grant tagged “Project Nollywood” was commissioned in the first week of April. In addition, the Akwa-Ibom state governor, Godswill Akpabio donated the sum of 50 million naira to the industry as the President’s award for creativity. However, industry practitioners say the prospect for Nollywood is huge in 2014 if government can adequately curb piracy that has been plaguing it for more than twenty years. “The issue of piracy and infrastructure,” says Amaka Igwe, filmmaker, “which the President promised to look into must be taken seriously for Nollywood to thrive. We cannot afford to continue with this trend at all. We must be able to get return on our investments as practitioners in the industry.” |
basilo101: igbos started nollywood. The first nollywood movie was "Living in Bondage", an igbo movie. Bt all nigerians own nollywood nwSo because they started, it is now solely theirs. They should give it igbowood then or biafrawood. Nollywood is the exclusive film industry of all Nigerian films, whether in kanuri or itsekiri or anango or idoma. |
Evestar200: I dont why our players keep missing vital opportunityBecause they are mediocres. |
[quote author=5.00GP]The revenue generating potential of Nigeria’s film industry otherwise known as Nollywood, was once again brought to the fore as the managing director of the Nigerian Export Import Bank (NEXIM), Robert Orya disclosed that the industry generated about N126.4bn ($800m) in the last three years, thus making it the third highest movie revenue earner in the world. With a consistent production of over 2,400 yearly titles in the past three years – 2,408; 2,514; and 2,621 in 2008, 2009 and 2010 respectively, NEXIM has revealed that Nigeria is Africa’s biggest movie producer. A 2011 data from the Nigerian Film and Videos Census Board (NFVCB) indicated that 1,743 and 1,234 movies were respectively registered and approved. The percentages produced in 2012 in the main languages were English (44% ), Yoruba (31%), Hausa (24%) and Igbo (1%). Meanwhile, the global film and entertainment industry is reported to have raked in about N14.3trillion ($90.6billion) revenue in 2010, with an increased projection of N16.2trillion ($102billion) in 2012. In global rankings, Hollywood still sets the pace closely followed by India’s Bollywood with Nollywood coming in at third place. -Nigerian Entertainment Today[/quote]The 44% in English consists of all the films produced in English from the industry. Whether Anag, Ijaw, Bini or nupe or igala. |
How can Igbo be claiming nollywood. Another of their numerous greediness and covetous nature showing again. When did English become the official language of igbos. It is the official language of Nigeria. Others produce films in their language and English, why can't igbos produce Igbo films too. No wonder, Multichoice can,t give them a station, because they don't have audience. It is either they are not proud of their culture or they don't have one. Simple. Even efik and ibibio people have started producing films in efik/ibibio Na wa o. When will they leave tHis their greedy nature. Nollywood refers to all the films produced in Nigeria. Therefore all the tribes in Nigeria own Nollywood. |
Hausa is the easiest, especially when their ladies are speaking it with their intonation. Yoruba is the sweetest because it is a language full of slangs. You can say 10 sentences with just one word. Igbo is rich but hard to learn.It has many letters. The k is almost 3 or 4. Most igbos born and bred in Lagos cannot even speak the language. Pidgin is the most humorous language, especially waffi pidgin. |
Diz corrupt igbo woman again. Na only her? ![]() |
Jonathan cannot do anything to him. As in Nadal. If the ones that were caught in the act by the world, are being shielded by the most corrupt govt ever in this country, where does he now have the power to prosecute rumours apart from setting up committee again. The crowned prince of Kano, go and sleep with fresh air blowing on your head jarey. Jonathan is a toothless bulldog. Everybody is stealing under his nose. If SLS did same, he is just flowing with the new fresh air of corruption, so he cannot do anything to him. |
What is all these noise about SW media. Is anybody holding you and your region from developing your on media? Ordinary media they cannot control and the next thing we will be hearing from them is how they have bought 100% of Lagos, 95% of Abuja and 99% of kano. They are very rich and they cannot set up a viable media in the miserable region. Pls spare us all this noise about SW and develop yours or forever keep quiet. That was the same media and pen we used against Abacha and it worked. You used gun and you failed woefully. There is power in pen more than the gun ie wisdom surpasses strength. Na wa for this people and their village mentality. |
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