Netflix is starting to take Africa’s largest movie industry seriously
submitted about 8 years ago by lexacon
submitted about 8 years ago by lexacon
- Netflix is investing $8 billion in Nigeria's Nollywood by acquiring the worldwide rights to its first original film, "Lionheart," which features popular Nollywood actors and is directed by Genevieve Nnaji.
- This move highlights Nollywood's shift towards higher quality productions, as the industry seeks to overcome challenges like limited distribution and piracy while benefiting from global streaming revenues.
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