Entertainment
GLOBAL STREAMING FIRM! Netflix to invest in original African content, says official
Global streaming giant, Netflix, has announced plans to invest in more African content in 2019.
The media company, which is available in 190 countries including Nigeria, has about 137 million subscribers globally.
Speaking at Content London conference, Erik Barmack, Netflix’s vice president of international originals, said the company is “in the process of looking at opportunities in Africa,” according to Quartz Africa.
Barmack added that Netflix will “definitely” commission series from Africa in 2019 and predicted that within the coming years, half of the 10 most-watched shows will come from outside the US.
READ ALSO! LIONHEART! Netflix buys worldwide rights to Genevieve Nnaji’s movie
This move would place Netflix, in competition with cable giant, Multichoice, and Nigerian streaming services including Jason Njoku’s Iroko TV.
Meanwhile, in September, Netflix introduced its benchmark eight billion dollars original production budget in Nollywood with the worldwide rights purchase of Genevieve Nnaji’s directorial debut, ‘Lion Heart’.
The comedy is the company’s first original film from Nigeria and stars industry veterans including Nkem Owoh, Pete Edochie and Onyeka Onwenu.
Netflix has previously licensed Nollywood flicks including romantic comedy ‘The Wedding Party’ as well as a crime thriller, ‘October 1′ but only after both had been screened in local cinemas.
READ ALSO! NIGERIANS FUME! I trust my husband but won’t allow him bath my daughter, says TVC presenter, Morayo
(NAN)
-
News6 hours ago
Ogun schools resume third academic term today
-
News6 hours ago
Five dead as deadly tornadoes hits US states
-
Economy5 hours ago
Don’t give tax holidays based on patronage, CITN tells FG
-
News6 hours ago
Tinubu secures $600m seaport investment from MAERSK Danish company
-
Metro4 hours ago
Fuel queues return across states amid supply shortages
-
Economy6 hours ago
Nigeria-Niger border reopening responsible for rice price reduction — Millers
-
News5 hours ago
Tinubu urges Samsung CEO to see Nigeria as investment destination
-
Crime4 hours ago
NDLEA busts man carrying 4,000 tramadol pills at Lagos airport