Nollywood under lockdown
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 3 July 2020
⏱️ 17 minutes
🧾️ Download transcript
Summary
Coronavirus has brought one of the most prolific film industries to a virtual standstill. Nollywood, Nigeria’s film industry, is the third largest in the world after Hollywood and India’s Bollywood. Chijioke Uwaegbute from the entertainment desk at Price Waterhouse Coopers Nigeria explains the financial impact of the virus on Nollywood. Moses Babatope, co-founder of Filmhouse, the biggest cinema chain in West Africa, says that with all his cinemas closed, he’s having to pay furlough money out of his own pocket. Plus actress and screenwriter Alexendra Amon tells us that she has had projects cancelled. And we’ll also hear from Obi Emelonye on using smartphones to overcome restriction during the pandemic.
(Image: Nollywood films at a market in Lagos. Picture credit: CRISTINA ALDEHUELA/AFP via Getty Images)
Transcript
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| 0:00.0 | Hello, I'm Tamerson Ford. Welcome to Business Daily from the BBC. |
| 0:06.9 | Nollywood, Nigeria's film industry, is the most prolific in the world after India's Bollywood. |
| 0:13.5 | But like others around the globe, coronavirus has brought it to a virtual standstill. |
| 0:18.9 | If we look at the entire value of Nollywood's contribution, I'd say that loss could go up to |
| 0:27.1 | $200 million, if not more. |
| 0:30.0 | But one award-winning director worked around the lockdown rules, releasing a film |
| 0:35.0 | shot entirely on mobile phones. |
| 0:37.3 | It's been phenomenal for a short film that was essentially a rules, releasing a film shot entirely on mobile phones. |
| 0:38.9 | It's been phenomenal. |
| 0:46.4 | For a short film that was essentially a joke, it has been very well received in terms of the story and in terms of the positive vibe that it gave at a time when we were surrounded by doom and gloom. |
| 0:52.1 | That's all in Business Daily from the BBC. |
| 0:57.7 | That's a clip from Wedding Party 2, |
| 1:06.5 | one of the highest grossing films in Nollywood. |
| 1:17.0 | But like Hollywood, But like Hollywood and Bollywood, film sets have been left empty. Box offices worldwide face losses of billions of dollars. The film industry |
| 1:23.9 | globally is mostly a freelance business, leaving hundreds of thousands of people without |
| 1:30.2 | work. Since the lockdown in March and the ban on large gatherings, Nigeria's film industry has been |
| 1:36.9 | brought to a halt. While the value of Nollywood is much less than Hollywood, it produces around five |
| 1:43.2 | times more films a week. No one really knows |
| 1:46.7 | the true scale of coronavirus in Nigeria, but it's clear the economic effects have been devastating. |
| 1:54.3 | Chigoke Wibouté leads the entertainment desk at auditing firm Price Waterhouse Cooper's Nigeria. |
| 2:01.1 | So let's start with box office. |
| 2:03.0 | So last year, total gross box office, for instance, was somewhere in the range about |
... |
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