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HOW PIRACY HAS AFFECTED NOLLYWOOD INDUSTRY.
Piracy is definitely a massive problem in Africa’s largest economy. The World Bank estimates that for every legitimate copy of a film sold, nine more are pirated. The brazen impunity with which many of these pirate kingpins operate makes them more powerful than the heavyweights within the movie industry itself.Piracy has gulped up an alarmingly huge amount of profits since the industry took off in the early 2000s.
In 2015, popular Nigerian actor and award winning producer, Kunle Afolayan, discovered first-hand the severe impact piracy can have on revenue. When visiting South Africa, a friend notified the 42-year-old his latest film, October 1, had been pirated and was being sold on Lagos streets at $3 a copy. A devastated Kunle knew his dark psychological thriller was yet to recoup the $2 million he invested in the project. He immediately called “some important people,” the filmmaker told PM News Nigeria, asking them to do something about it. But no luck. Local law enforcement responding to his complaints was threatened when they tried to confiscate illegal copies of the film.
“I believe the NCC know these kingpins behind the nonsense,” says Kunle assuredly. “They’ve held meetings with these pirates to resolve issues. Can you believe that a body that is supposed to be the police of the creative industry is now negotiating with the pirates?” Personally, Kunle feels the NCC is “full of excuses” often complaining they don’t have the resources to investigate claims of piracy or carry out raids. And even if they do carry out an intermittent raid, “you will see the films right back on the streets again.”
Shortly after, the filmmaker threatened to leave Nigeria for good, lamenting that legitimate businesses would never be able to thrive due to the activities of pirates. “You can imagine having about 500 people simultaneously selling a pirated film on the streets of Lagos. That’s what pirates have done to my film.
“We can’t continue like this.”
CREDIT : https://www.custostech.com/blogchain/towards-a-solution-for-nollywoods-massive-piracy-problem/