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The Nigeria Entertainment business, also known as "Nollywood," began in 1992. It presently has the world's second-largest film industry.
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Nigeria Entertainment ForeTv Hub
About Nigeria Entertainment The Nigeria Entertainment business, also known as "Nollywood," began in 1992. It presently has the world's second-largest film industry. Scriptwriting, directing, sound, acting, cinematography, make-up, and editing are among the professions for which it is a globally recognised brand. Several major production cities, including Lagos, Onitsha, Enugu, Asaba, and Abuja, are home to the industry. In 2016, Nollywood was worth $3.6 billion, and by 2021, it is expected to be worth $6.4 billion. The music industry has also seen substantial expansion in recent years.
The northern and southern parts of Nigeria can be regarded parts of western Sudan and the Guinea Coast, respectively; but, because to the abundance of evidence for a 2,000-year artistic history, it is more convenient to treat Nigeria independently.
Challenges in the Media and Entertainment Sector Copyright piracy is a problem in Nigeria. This makes monetizing services in the business more difficult. COVID-19's impact forced lockdown measures, resulting in many media companies being unable to pay staff and downsizing due to high operating costs. The Nigerian Newspaper Proprietors Association (NPAN), the Broadcasting Organizations of Nigeria (BON), and the Nigerian Union of Journalists (NUJ) are pleading with the government of Nigeria (GON) to intervene financially in the business. Nigeria Media is the best Nigeria Entertainment way.
The development of cinemas in underserved cities, the use of digital distribution, and training and capacity building for cinematography, scriptwriting, directing, and movie production equipment are all business potential in the Nollywood sector. Opportunities
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