Estimated reading time: 2 minutes
There are speculations that the movie streaming platform, Netflix wants to exit Nigeria following the current economic challenges the country is experiencing at the moment.
Earlier, News Round The Clock (NRTC) reported that the movie streaming platform, Netflix has denied the speculations and has been able to quell any further allegation that they aim to leave Nigeria. Amid the ongoing conundrum, foremost Nigerian comedian, Bright Okpocha who is better known as Basketmouth has come out to claim that most movie producers create shabby content due to their dubious act.
RECOMMENDED ARTICLE:
Speaking in a recent interview on Arise TV, Basketmouth mentioned that most Nigerian movie producers only use 10% of the funds received from Netflix to create worthwhile content, while they squander the other portion of the fees on other aesthetically pleasing acquisitions.
ALSO READ:
Speaking during the session, Basketmouth, ‘’There was a lot of money in the movie industry when these streaming platforms came in. They gave money to these producers. These producers will take the money, $1.5bn or whatever they gave them, they would use about 10% of that money to make the movie. They are listening! They cannot deny it. I cannot call names but you know yourselves”
