Monday, November 17, 2008

BILLIONAIRE BAIL-OUT?



A lot of movies in Hollywood bank over $100 million at the box office, in fact in America, a movie is considered a flop if it earns any less. i pondered why even the biggest Nollywood movies can't even boast of N15 million (about $125,000), then it occurred to me that most Hollywood movies are Big Budget movies that are financed by the richest people in America. These filthy rich moguls invest in movie production like they invest in major money making ventures like real estate and oil so why shouldn't the get their money back. One of the most successful producers of all time, Jerry Bruckheimer has been nicknamed "Mr. Blockbuster", due to his track record of commercially successful, high-grossing films like Beverly Hills Cop, Top Gun, The Rock, Con Air, Crimson Tide, Armageddon, Enemy of the State, Gone in Sixty Seconds, Black Hawk Down, Pearl Harbor, Pirates of the Caribbean, King Arthur, and National Treasure.. Overall, his films have brought in over $13 billion to Hollywood, and have launched the careers of numerous actors and directors. I bet it's the huge amount invested that propels the filmmakers to make brilliant and well crafted movies because if the audience don't dig your movie then Shylock will definitely have his pound of flesh. We are the 5th largest oil producing nation and there are people with very deep pockets in Nigeria. Oh! You don't believe me? Check this out

here are the names of Naija's top 10 richest people according to Encomium Magazine.

1. Mike Adenuga - $6billion (Globacom)
2. Aliko Dangote - $4billion (Business man)
3. Femi Otedola - $3.5billion (Business man)
4. Jim Ovia - $2.3billion(CEO Zenith Bank)
5. Cecilia Ibru - $1.2billion (CEO Oceanic Bank)
6. Oba Otudeko - $1billion
7. Rasak Okoya - $300million (Business man - Shade's other half)
8. Sonny Odogwu - $260millin
9. Bode Akindele - $230million (Business man - Tiffany Amber's father)
10. Emmanuel Ojei - $165million

I bet if any of these people can invest in Nollywood, it will keep the director or producer on his toes because he knows he has to make credible movies to make back the capital and profit for the investor. This will definitely stop the entire sub-standard straight to video crap we make in Nigeria. These Moguls can even build cinemas and create proper marketing channels to protect their investment. I know it's not going to be easy with the greedy nature of the movie practitioners but Dangote has major factories all over the country with his own marketing channels. Why didn't he leave the distribution in the hands of "ALABA BOYS"? That's because there's too much money to be made and if this works for spaghetti, think about what he can achieve with Nollywood whose fan base despite the crap they produce is the Largest in Africa. Please guys, save Nollywood and don't let these present producers kill us with crap.

1 comment:

souljahgirl said...

Dangote, please save nollywood