Nollywood Mobile Video Market is Worth More than US$7 Billion Annually
There are over 127 million active GSM subscribers in Nigeria and the ARPU averaging N936 according to the latest report of the Nigerian Communications Commission (NCC). Over 25 per cent of these subscribers can spend as much as US$10 monthly to view Nollywood movies on their smart phones and tablets and that will be over US$250 million monthly and US$3 billion annually in Nigeria alone. And there are more than twice more viewers of Nollywood movies in other countries in Africa and the Diaspora where there are over 100 million potential viewers of Nollywood movies.
Therefore, we can estimate that Nollywood movies can generate over US$7 billion annually.
How can this be done?
The following well researched facts and figures by proven sources on global mobile market trends are enough for any serious producer and distributor to calculate and estimate the worth of Nollywood movies online in the global village.
Click the link below to go to...
Nollywood Stars Turned AMA Awards Into Show Of B**bs
STAR ACTOR,CHINEDU IKEDIEZE(AKI) SEEKS ROYALTY FOR SALE OF WEDDING PICTURES,VIDEO
Latest News
- Actress, Toke Makinwa Bemoans Economic Hardship
- “Davido Is Undoubtedly The Leader Of The Nigerian
- Investigative Journalist, Stella Dimokokorkus Reve
- “This Month Shall Be Very Hard For You" – Mummy Ze
- Solomon Buchi Gives Honest Advise To Youths To Con
- Pastor Femi Lazarus Admonishes Trolls, Advises The
- Singer, Timaya Slams Handler For Interfering In Da
- “You Only Gain Spotlight By Disrespecting Your Fan
- Daniel Regha Extols YBNL Boss, Olamide, Praises Hi
- Big Brother Naija Stars Warn Wizkid Against Disres