News Formal

Nigeria's Nollywood film industry reels in foreign investors

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

'Nowhere in the world will you see this kind of opportunities and growth.'

The figures remain miniscule compared to the vast sums grossed by Hollywood hits, and the Oscars are a distant dream, but increasingly upper and middle class Nigerians who can afford the tickets seem willing to pay to go see local productions. 'Real appetite'

"It is very important for us to be close to Nollywood," Simon Minkowski, development director at Canal Olympia, told AFP. The chain has already upped its interest in films from the country and offers Nollywood TV to its subscribers in Francophone Africa.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gauteng transport boss urges minibus taxi industry to embrace innovationIt was agreed that violence and unrest were undermining efforts to make the sector more formalised.
Source: TheCitizen_News - 🏆 6. / 75 Read more »