Netflix stops funding Nigerian original content, sparking concern among local filmmakers.

Netflix has announced it will stop commissioning and funding Nigerian original content as of November 2024, following Amazon Prime's similar move in January. This decision affects films like "King of Boys" and "Lionheart" and has sparked concerns from filmmakers like Kunle Afolayan about the impact on financial stability and creative freedom. Despite rumors, Netflix has denied plans to exit Nigeria entirely, affirming its commitment to investing in local content. The company has invested over $23 million in Nigerian films and created thousands of jobs since 2016.

4 months ago
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