Netflix invests N9bn in Nigeria film industry, 2016 to 2022

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Global streaming service, Netflix, on Friday said it had invested nine billion naira in the Nigeria film industry from the year 2016 to 2022.

Ms Shola Sanni, Director of Public Policy for Sub-Saharan Africa, Netflix, made this known at the second Nigeria Digital Content Regulation Conference held in Lagos.

She noted that Netflix had invested in over 200 local licensed titles, and co-produced and commissioned original film content.The Netflix official said the streaming service was investing heavily to ensure that all subscribers across the world enjoyed the same content at will. In his welcome address, Executive Director, of the National Film And Video Censors Board , Alh. Adedayo Thomas said the conference was an avenue to discuss regulations in the film industry, with a focus on streaming services.

“This is led by the Over-The-Top Streamers, as the government strives to oversee, monitor, moderate and balance the digital phenomenon for all players.

 

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What is 9b N

I hope they wouldn't use that opportunity to add their devilish contents to Nigerian movies?

Ehen, no wonder

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