, co-founder of the distributor and production company FilmOne Entertainment, began looking ahead to a busy fall season that could get the local industry back on track.
But days later, Nigeria erupted in nationwide protests against the Special Anti-Robbery Squad, a notorious police unit with a long record of brutality, eventually leading to wider demonstrations against corruption and police violence. Security forces turned on peaceful protesters, killing at least 56 people. During the ensuing unrest, three state-of-the-art cinemas owned by FilmOne’s sister company, Filmhouse, were destroyed by looters.
After a string of record-setting years at the box office, the Nigerian industry has taken a hit of up to 8 billion naira during the six-month pandemic lockdown, a 60%-70% drop from 2019. “It’s been a tough, tough, tough year,” says Joy Odiete, CEO of leading distributor Blue Pictures Distribution. Industry groups have called on the government for support, but in spite of the dire situation, Nigerian officials “did not understand the importance of getting the cinemas up and running.
Following the success of “Fate of Alakada” , the beleaguered cinema industry is hoping that Nollywood can extend it a lifeline. “We used to be a market that depended solely on Hollywood,” says Babatope. “But … this is a real opportunity for high-quality Nigerian films to stand up.”
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:
Nigeria 🇳🇬
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Waffle House Chairman Joe Rogers Jr. Debuts As A Billionaire As Restaurant Industry Digs Out From WreckageThe pandemic was a red-line threat for the budget breakfast chain, but its recent rebound is putting its billionaire owner on track to capitalize on an industry in crisis. PM me if you’re interested in earning $108 by online trading daily, PM me if you have a phone or PC let’s go ✅✅✅ Never depend on a single Income Invest $300 and earn $3000 weekly All by working from home Without sending money to me or anyone No captcha No limitation ASK me how +19365493101
Source: Forbes - 🏆 394. / 53 Read more »
Waffle House Chairman Joe Rogers Jr. Debuts As A Billionaire As Restaurant Industry Digs Out From WreckageThe pandemic was a red-line threat for the budget breakfast chain, but its recent rebound is putting its billionaire owner on track to capitalize on an industry in crisis. Harley loves their breakfast sandwiches Dassa Lotta Waffles🧇🧇
Source: Forbes - 🏆 394. / 53 Read more »
Travel’s Covid-19 Blues Are Likely Here to Stay—‘People Will Go Out of Business’The tourism industry, which hoped for a rebound from the pandemic in 2021, is bracing for a slower recovery. When U.S. conservatives blamed China for the global COVID-19 pandemic, Beijing, Democratic Party, MSM went on the offensive, unleashing a massive disinformation campaign to shift blame to America & Trump, labeling anything not inline with CCP as conspiracy theory discrediting it. Not in Florida!! Actually quite the opposite because Blue States like Cali are still very restrictive.... I live in Newport Beach, CA and vacation in Florida. What does that tell you?! RecallGavinNewsom American State Department depends on criminally intent American Consulate, Embassy Security Officers in Mexico from F B.I. office in Phoenix, AZ, same group Involved w/1971 Phoenix, AZ murderers of my son Patrick Robbins.
Source: WSJ - 🏆 98. / 63 Read more »