• Latest
  • Trending
  • All

Netflix Offers $90,000 For Nollywood, $500million For Asian, European Films, Nigerian Filmmakers React

How Notorious Lagos-Yahoo-Boy defraud U.S. President Donald Trump of 2025 Inauguration Funds

How Notorious Lagos-Yahoo-Boy defraud U.S. President Donald Trump of 2025 Inauguration Funds

Nigerian Banks resume International Transactions on Naira Cards

Nigerian Banks resume International Transactions on Naira Cards

ADC website Crashes as Nigerians flood site to join Coalition Party

ADC website Crashes as Nigerians flood site to join Coalition Party

Former Arsenal Midfielder, Partey Charged With Rape

Former Arsenal Midfielder, Partey Charged With Rape

Court stops Senate disciplinary action against Natasha Akpoti

Breaking: Court orders Senate to recall Suspended Natasha

Court finds Natasha Guilty of Contempt

Court finds Natasha Guilty of Contempt

Former President Buhari hospitalised in London

Former President Buhari hospitalised in London

EXAMINING THE LEGAL RIGHTS OF A PERSON WHOSE PHOTOGRAPH IS TAKEN: CAN THEY SUE UNDER THE NIGERIAN COPYRIGHT ACT?

EXAMINING THE LEGAL RIGHTS OF A PERSON WHOSE PHOTOGRAPH IS TAKEN: CAN THEY SUE UNDER THE NIGERIAN COPYRIGHT ACT?

PHYSICAL AND ONLINE INFRINGEMENT OF INTELLECTUAL PROPERTY LAW

PHYSICAL AND ONLINE INFRINGEMENT OF INTELLECTUAL PROPERTY LAW

How Mark, Aregbesola Emerge as Party Chairman, Secretary for New Coalition ADC

How Mark, Aregbesola Emerge as Party Chairman, Secretary for New Coalition ADC

Nigerian Government gives Foreigners Deadline to renew Visas, Leave or Face $15 Daily fine, Others

Nigerian Government gives Foreigners Deadline to renew Visas, Leave or Face $15 Daily fine, Others

Popular Islamic Cleric, Gbadebo Raji, 3 Others Face Criminal Complaint Over Alleged Defamatory Remarks on Ilorin’s Religious Practices

Popular Islamic Cleric, Gbadebo Raji, 3 Others Face Criminal Complaint Over Alleged Defamatory Remarks on Ilorin’s Religious Practices

  • About Us
  • Advertise with Us
  • Editorial Policy
Saturday, July 5, 2025
  • Login
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • Life Style
  • Advertise with Us
  • Opinion
  • Campus
No Result
View All Result
iDeemlawful
No Result
View All Result
No Result
View All Result
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • Commentary
  • Editorial
  • Campus

Netflix Offers $90,000 For Nollywood, $500million For Asian, European Films, Nigerian Filmmakers React

by iDeemlawful
August 15, 2021
A A
FacebookTwitterWhatsapp

RelatedPosts

JUST IN: Governor Adeleke cast his votes as Osun LG poll begins

Meranda presides over Lagos Assembly plenary amidst Tension

JUST IN: Lagos Assembly Speaker, Mojisola Meranda faces mounting pressure to step down

Wike backs Tinubu despite economic woes as G-5 Governors meet Makinde

Nigerian filmmakers have lamented the huge disparities between the rates offered by United States-based streaming platform, Netflix, for Nigerian films and those of their Asian and European industries. 
 
Some of them stated that the compensation from Netflix was not reflective of market rates, as the average licensing fees for Nollywood came between $10,000 to $90,000, while Netflix planned to spend $500million on films and series produced in Asia and Europe.
 
Nollywood experts also expressed concern over the continued domination of the industry by Netflix.
Since its foray into Nigeria, the streaming giant has taken a firm grip on the country’s movie industry, with many movie producers now more interested in having their projects on the platform than cinemas, the Verge reports.
But experts say the trend is inimical to Nollywood’s growth if left unchecked.
Commenting on this, Moses Babatope, managing director of FilmOne Entertainment, the country’s trendiest distribution operation said the situation is caused by lack of enough funds for Nigerian filmmakers.
 
“There have been some worries about the production quality of Nollywood films dropping, but rather than blame it on the ingress of streaming platforms, I will focus more on the level of investments made in production,” he said.
“How much production budget are these filmmakers working with? I don’t believe any passionate filmmaker will willingly drop standards if there is finance to work with.”
Aside the domination, there are also concerns over Netflix’s compensation rate for Nigerian movies and other African projects.
Netflix offers compensation that it claims is reflective of market rates.
This comes down to average licensing fees of between $10,000 to $90,000, with most deals landing near the middle range according to off-the-record conversations with producers.
But in comparison, Netflix plans to spend $500million on films and series produced in South Korea this year alone, the same amount the company announced it spent making and licensing content in the United Kingdom in 2019.
At the heart of this disparity lies a critical discussion about how African art is valued in mainstream spaces.
Speaking on this, Walter Taylaur, who has had two of his films licensed on the platform, argues, “Their explanation would make better sense if the films were being shown in Nigeria alone. But if you think the content is good enough to be shown in worldwide markets, maybe pay worldwide rates.”
Tags: iPadPod Studio
Previous Post

Gunshots As Security Operatives Rescue Osun APC Appeal Committee

Next Post

“FG can’t Scare Anybody”_ IGBOHO’S LAWYER

iDeemlawful

iDeemlawful

Related Posts

How Notorious Lagos-Yahoo-Boy defraud U.S. President Donald Trump of 2025 Inauguration Funds
Breaking News

How Notorious Lagos-Yahoo-Boy defraud U.S. President Donald Trump of 2025 Inauguration Funds

Nigerian Banks resume International Transactions on Naira Cards
Business News

Nigerian Banks resume International Transactions on Naira Cards

ADC website Crashes as Nigerians flood site to join Coalition Party
Politics News

ADC website Crashes as Nigerians flood site to join Coalition Party

Former Arsenal Midfielder, Partey Charged With Rape
Sport News

Former Arsenal Midfielder, Partey Charged With Rape

Court stops Senate disciplinary action against Natasha Akpoti
Breaking News

Breaking: Court orders Senate to recall Suspended Natasha

Court finds Natasha Guilty of Contempt
Breaking News

Court finds Natasha Guilty of Contempt

Former President Buhari hospitalised in London
Breaking News

Former President Buhari hospitalised in London

EXAMINING THE LEGAL RIGHTS OF A PERSON WHOSE PHOTOGRAPH IS TAKEN: CAN THEY SUE UNDER THE NIGERIAN COPYRIGHT ACT?
Commentary

EXAMINING THE LEGAL RIGHTS OF A PERSON WHOSE PHOTOGRAPH IS TAKEN: CAN THEY SUE UNDER THE NIGERIAN COPYRIGHT ACT?

PHYSICAL AND ONLINE INFRINGEMENT OF INTELLECTUAL PROPERTY LAW
Commentary

PHYSICAL AND ONLINE INFRINGEMENT OF INTELLECTUAL PROPERTY LAW

How Mark, Aregbesola Emerge as Party Chairman, Secretary for New Coalition ADC
Politics News

How Mark, Aregbesola Emerge as Party Chairman, Secretary for New Coalition ADC

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

iDeemlawful

Copyright © 2019–2025 Deemlawful Media

  • About Us
  • Advertise with Us
  • Editorial Policy

Connect With Us

No Result
View All Result
  • Home
  • News
  • Featured
  • Politics
  • Life Style
  • Advertise with Us
  • Opinion
  • Campus

Copyright © 2019–2025 Deemlawful Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In