As Nigerian Film Industry Awaits Further Economic Boom – THISDAYLIVE

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As Nigerian Film Industry Awaits Further Economic Boom With its contribution of 2.3 per cent to Nigeria’s Gross Domestic Product, the Nigerian film industry is indeed evolving but as affirmed by stak

With its contribution of 2.3 per cent to Nigeria’s Gross Domestic Product, the Nigerian film industry is indeed evolving but as affirmed by stakeholders at the Nigerian Film and TV Summit , held recently, the industry promises more in the years ahead.Beyond being a window through which the world is mirrored, the film industry is fast becoming a major sector of the global economy. Last year, the Speaker of House of Representatives, Femi Gbajabiamila admitted that the film industry contributes 2.

The Founder and Convener of NIFS Ijeoma Onah, in her opening address at the summit, applauded the participants, facilitators, and partners, for their belief in the film industry, and for their commitment to the development of talents and operators in the industry. She said she was impressed by the quality of the panelists who attended the summit from every part of Nigeria, Europe, Asia, America, and the Middle-East.

Speaking further, the NIFS Founder said that UniNigeria will support and promote local distribution companies that sign up under this industry support initiative with the needed capacity to participate, exhibit, and do international business.

Leading a keynote discussion on ‘Streaming Wars: The implications on the Future of Content, Monetization on Film and TV Content,’ the Director and Head, WW Major Studio Licensing Strategy, Amazon Prime Video, Ayanna Lonian, was of the view that the company would provide the best quality content that would delight her customers. “We make the most global of local services. Amazon Prime Video works with local producers to bring the best local content to the global community.

 

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