Monday, August 11, 2008

Photo of the Day

via Boing Boing- Pieter Hugo's Nollywood Series

Nigerian films are so successful that the government wants to get involved;
Today, filmmaking employs about a million people in Nigeria, split equally between production and distribution, making it the country's biggest employer after agriculture, according to the National Film and Video Censors Board (NFVCB). The industry has sales of $200m-300m a year....

The films cost anywhere between $15,000 and $100,000 to make, and the money comes directly from the market. Producers, or “marketers”, as they are known, use some of the profits from one film to pay for the next. Banks do not lend to Nollywood, as there are no statistics from which they could estimate likely returns

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