The CNN Report Transcripts

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vince

Well-Known Member
#61
Lafem said:
I don't think Nollywood is worth as much as a billion DOLLARS just yet, haba -- a quick look at the overall quality of the movies the industry churns out, the relatively meagre budgets, coupled with the primordial structures in place in terms of marketing and distribution of the movies alone should be enough to refute that claim. No be naira we dey talk o, na dollar$$$$$ o.. and BILLION for that matter [the writter even call am 'multi-BILLION'??]. Perhaps calling it a multi-billion NAIRA (=N=) industry would've been more accurate. Pray tell how he arrived at such huge figures? The quote in that report has to be a gross exaggeration of the real/factual figures abeg, in my opinion.
Abeg,my broda,make you tell dem jare!It is time for them to stop floating in space and return back to mother earth!Shikena!
 

vince

Well-Known Member
#62
Lafem said:
You're making it sound as if CNN and the even the president are infallible. Haba naw. Look, dis is naija we're talking about here, without any intention to sound cynical or anything.. na the same naija where.. the more you look the less you see oo -- where voodoo mathematics and economics are the orders of the day.
See what a CNN booboo can cause o!It gives people wings to fly!!Haha! :laugh:
 

vince

Well-Known Member
#63
Lafem said:
Bros, perhaps if OBJ's projections and prognosis were proffered in a society and environment where things are more organized, and in which reliable and accurate data's more readily available and accessible, maybe then I'd take his words seriously. Isn't it the same nollywood where there's no reliable way of obtaining the factual figures on how much a movie's selling/sold? I think uncle sege's just being his nigerian self by over-hyping and exaggerating things -- no be so we don dey hear since say one day naija go become super-power and all dat kind okpata yarns? I honestly don't believe he's taking himself that seriously sef. As yoruba dey talk, 'alara ma'n gbe arae ga ni', even if na lie OBJ yarn, atleast e give some ppl some kind sense of pride in an homegrown industry.
I rest my case! smokin:
 

Pete

Well-Known Member
#64
You guys are amazing. Yes, the amount quoted is unbelievable, yet seems very possible and true. Vince and Lafem, you're not in the business; but someone who's been there, worked with marketers, simply made the mathematical reasoning using the known monthly revenue of a movie, still you couldn't agree! You just decided not to believe it with no reasons; because from what I read (and the source), it's very possible the industry makes such amount for a good movie. There's nothing there to argue about.
 

vince

Well-Known Member
#65
Pete said:
You guys are amazing. Yes, the amount quoted is unbelievable, yet seems very possible and true. Vince and Lafem, you're not in the business; but someone who's been there, worked with marketers, simply made the mathematical reasoning using the known monthly revenue of a movie, still you couldn't agree! You just decided not to believe it with no reasons; because from what I read (and the source), it's very possible the industry makes such amount for a good movie. There's nothing there to argue about.
Ok o,pete!Believe what you will and want,but as for me,it is inconcievable that nollywood is worth that much.It has the potential,yes,but to actually worth that much,NYET!
 

khamileon

Well-Known Member
#66
Pete said:
You guys are amazing. Yes, the amount quoted is unbelievable, yet seems very possible and true. Vince and Lafem, you're not in the business; but someone who's been there, worked with marketers, simply made the mathematical reasoning using the known monthly revenue of a movie, still you couldn't agree! You just decided not to believe it with no reasons; because from what I read (and the source), it's very possible the industry makes such amount for a good movie. There's nothing there to argue about.
This is what I call logic....if i dont know anything about nollywood, i will definitely take this stand! but again if there is no agument how can we prove we are Nigerian???
 

khamileon

Well-Known Member
#67
zelifat said:
Kham, sometimes I pity you when u try to explain to many ppl on this site about the true picture of nollywood. The truth, like u already pointed out is that a lot of them are so out of touch with naija that they just DONT get it, period! I know two ppl who are marketers and the kind of money they generate.... but like u pointed out- the naija factor of greed and lack of accountability make the real figures hard to come by. I cocur with u that that Nollywood is in Nigeria and operated by the same type of Nigerians running the country to the ground. I wish some of these ppl would go home (not just for a short visit but stay for some time). Just use the Anambra crisis as an example. Gov blatantly rigged elections(with knowledge of Persident and party leader), was kidnapped, all state property destroyed....yet nobody was arrested or resigned. As Shakespeare said 'FAIR IS FOUL AND FOUL IS FAIR". So NOLLYWOOD CANNOT OPERATE IN A VACUUM, IT IS THE SAME NAIJA but that does not mean the potentials are not there. Anyay, we go still get there, na matter of time. Ben Bruce don open theatre, knowing naija follow follow mentality, others will soon come into the sector too. Very soon ppl like Kingsley Ogoro, Amaka Igwe, Tade Ogidan, kelani.....will become the min quality benchmark.
A lot of them has not even set foot in Nigeria in the last one to seven years...you might be surprised that there are people who has not even visited Nigeria for ten years.... how can these peeps even begin to grasp whats happening??........One day i sat down at a PRINTERS shop watching them print and cut jacket covers of our movies....I pointed out to CRAZY T how much job the industry is creating, how much money flows in the industry... You cant begin to imagine how much the Printing sector alone generates...... You see the exotic cars, houses that looks like Hollywood stars....some of these things are owned by marketers.....There is this Markter that we know that is so rich and has left the business to his boys...he is now studying law in the university...you know why??? He wants to go into politics..... I have said it and will say it again some of these peeps are out of touch with whats going on in Nollywood period! And they can delude themselves that they know, and as long as they are happy, I am fine!
Y'all have a beautiful and peacefull new year in advance!
 

Lafem

Well-Known Member
#69
I don't know why some ppl are taking my opinion on the subject personal, haba! So what if I don't agree with CNN and some of you all's report? I stated the premise of my argument, and if you feel it's valid, fine, and if not, that's fine too. I'm not here to agree with no one, rather I'm here to rub minds with folks with diverse views and exchange views and opinions, and maybe learn a few new things; if we happen to see things from the same vantage point, [again] that's fine, if not, it's still all good. But this matter ain't that serious abeg.
 

vince

Well-Known Member
#70
Today i asked three nigerians at random about this same question of nollywood being worth 2 bn dollars.Can you guess their reactions?They all looked at me as if i don chop igbo senseless!
One of them even went on to say that if all the sales of movies since the very beginning of nollywood were added together,it will never amount to 2 billion dollars,and they all agreed.And these are guys who know a lot about nollywood.
2 billion dollars loun loun!Abeg make una no make my side burst with laffta o! :laugh: :laugh:
 

mcallstar

Well-Known Member
#71
vince said:
Today i asked three nigerians at random about this same question of nollywood being worth 2 bn dollars.Can you guess their reactions?They all looked at me as if i don chop igbo senseless!
One of them even went on to say that if all the sales of movies since the very beginning of nollywood were added together,it will never amount to 2 billion dollars,and they all agreed.And these are guys who know a lot about nollywood.
2 billion dollars loun loun!Abeg make una no make my side burst with laffta o! :laugh: :laugh:

Are those guys residing in Nigeria?
 

vince

Well-Known Member
#72
khamileon said:
You seems to amaze me so much...how can you use that to judge its worth!..The thing you seem to be forgetting every time and I keep reminding you is...NOLLYWOOD IS STILL IN NIGERIA, OPERATED BY NIGERIANS...okay tell me... Is NIGERIA an oil rich nation??? Does its oil produce billions of $$$ for Nigeria???...If your answer is yes then...
1.Why are the people living in porverty??
2. Why are people dying of stavation??
3.Why does the next leader always believes he will be better than the next and when he gets there he proves otherwise??
4.Why does the average Nigerian believes he is smarther than most people yet he cant use his smartness to benefit his country??
5. Dont we have Nigerian billioniers around the world.....while their people are starving to death??
6.Why did you, me or crazy T leave naija to the west???
7.Nollywood should build cinema complexes....why doesnt Nigerian government that is far richer build schools/hospitals/roads???

You want all those things u mentioned up there to happen and then you will believe its a multi billion$$ industry......Yet your country that is 100times richer than nollywood cant even achieve one of the things u mentioned with all its money......so does that mean its a poor country??? Unless you start coming to terms with the fact that Nollywood is in Nigeria and operated by the same type of Nigerians running the country...you wont understand it
To dis ya arguements sef,i no know weda to scream at you or laff till my side burst or just shake my head,because your points are so off,khami.
For me this arguement is so ridiculous,it is not worth pursuing any further.
Multi billion dollar!Hahahahahahahahahhaahaha! :laugh: :lol :roll Mo ku oo!I go die oo!
 

Henchey

Active Member
#75
Lafem said:
I don't know why some ppl are taking my opinion on the subject personal, haba! So what if I don't agree with CNN and some of you all's report? I stated the premise of my argument, and if you feel it's valid, fine, and if not, that's fine too. I'm not here to agree with no one, rather I'm here to rub minds with folks with diverse views and exchange views and opinions, and maybe learn a few new things; if we happen to see things from the same vantage point, [again] that's fine, if not, it's still all good. But this matter ain't that serious abeg.
Abi o!
People are desperately trying to convince us say na true as if their slary depends on it!
Is it not normal for anyone with any measure of accountability and any long term plans to seek out credible and verifiable information before he jumps to conclusions?
In the absence of that, is it therefore not wiser to take a conservative estimate based on verifiable indicators than to assume the grandiose?
But no o, Nigerians would rather believe that we are a 'world power', or 'best in the world', or 'Giant of Africa', or 'The Most this' or 'The Greatest that'.
All well and good, but we never have anything worthwhile to show for it. So next thing is to go ahead and 'celebrate' mediocrity. Nigerian speciality.
There's no point boasting about being multi-billion anything if you cannot make a simple film that will stand up to international scrutiny. In fact, its a crying shame.
Its like a Nigerian cleaner in a New York hospital toilet telling everyone that cared to listen that he was actually a Nigerian-trained doctor, but was yet to pass his exams to allow him practice. He sadly cannot see how this is a shame on his own country Nigeria.
Okay now, Mr Doctor. Make you pass first, then we can talk.

The important thing for Nollywood na to raise its game, rather than claiming this and that. as things stand now, that multi-billion dollar tag is an embarassment, considering the quality of what we are producing.
Smaller countries with far smaller markets are doing much much greater things in film.
Naija, we too like 'title'.!!!!
 

hazozo

Active Member
#76
Sola said:
How is this relevant to the discussion? If you have figures to prove otherwise, go on and do so. Let's stop perambulating or chest thumping over what we may not fully comprehend.
its not about CNN beurucracy, CNN is ready to make up any figure in order to get poeple tuned on.they must have spent a fortune on the package so they will be ready to add any fisi to attract veiwership
 

Videoscope

Naija Movie Critic
#77
Henchey said:
Abi o!
People are desperately trying to convince us say na true as if their slary depends on it!
Is it not normal for anyone with any measure of accountability and any long term plans to seek out credible and verifiable information before he jumps to conclusions?
In the absence of that, is it therefore not wiser to take a conservative estimate based on verifiable indicators than to assume the grandiose?
But no o, Nigerians would rather believe that we are a 'world power', or 'best in the world', or 'Giant of Africa', or 'The Most this' or 'The Greatest that'.
All well and good, but we never have anything worthwhile to show for it. So next thing is to go ahead and 'celebrate' mediocrity. Nigerian speciality.
There's no point boasting about being multi-billion anything if you cannot make a simple film that will stand up to international scrutiny. In fact, its a crying shame.
Its like a Nigerian cleaner in a New York hospital toilet telling everyone that cared to listen that he was actually a Nigerian-trained doctor, but was yet to pass his exams to allow him practice. He sadly cannot see how this is a shame on his own country Nigeria.
Okay now, Mr Doctor. Make you pass first, then we can talk.

The important thing for Nollywood na to raise its game, rather than claiming this and that. as things stand now, that multi-billion dollar tag is an embarassment, considering the quality of what we are producing.
Smaller countries with far smaller markets are doing much much greater things in film.
Naija, we too like 'title'.!!!!
grinning:
 

Videoscope

Naija Movie Critic
#78
vince said:
For me this arguement is so ridiculous,it is not worth pursuing any further.
Multi billion dollar!Hahahahahahahahahhaahaha! :laugh: :lol :roll Mo ku oo!I go die oo!
Vince, u yeye o. U just dey wind these guys up. This argument has even gone on for too long, as far as I'm concerned. $2bn, $200bn. We still make some really crappy movies. If the money is no use to the industry, it's no use, period.
 

Henchey

Active Member
#79
Just to put things in perspective.
These are 2002 video sales records for the UK, a much more developed market.
The sales of the top three are quoted, and we can assume that by the 5th placed film (Star wars 2), they will probably be under 1 million. LOTR and Harry Potter were also very significant factors.
Now, how many of our own films are likely to sell 1 million units as claimed by some of us here?

This doesn't prove or disprove anything, but does give an idea of what are realistic projections for Nollywood sales in the absence of statistics.

See full report on
http://www.bva.org.uk/content.asp?id=7011&headline=69


10 February, 2003:

The total value of the UK’s video rental and retail business rose to £2.55 billion in 2002, compared to what is expected to be a flat year for music sales with total sales of about £2.1 billion. This meant the total rise in the video market was 26 per cent in 2002.

The phenomenal rise of DVD, where sales rose 111 per cent last year, as well as blockbuster movies such as Harry Potter and Lord of the Rings have helped drive video into the leading position in home entertainment.

Family entertainment now dominates the video market’s bestsellers, with the 2002 Top Ten as follows:

1. Fellowship of the Ring 4 million
2. Harry Potter 3.5 million
3. Monsters Inc 2.5 million
4. Scooby Doo – The Movie
5. Star Wars Episode 2
6. Ice Age
7. Spiderman
8. Ocean’s Eleven
9. Moulin Rouge
10. The Fast and The Furious
 

Sola

Administrator
Staff member
#80
This is mere confused talk. No one is boasting about anything. A report made a claim. A second report confirmed the claim. You and others carry it on that it is impossible. So believe what you will. Life is too short to waste on directionless talk. You hold on to what you believe and we will hold on to our own, case closed. Peace to all men. I don't know why Khamelion needs you to believe. Why do you have to?
Henchey said:
Abi o!
People are desperately trying to convince us say na true as if their slary depends on it!
Is it not normal for anyone with any measure of accountability and any long term plans to seek out credible and verifiable information before he jumps to conclusions?
In the absence of that, is it therefore not wiser to take a conservative estimate based on verifiable indicators than to assume the grandiose?
But no o, Nigerians would rather believe that we are a 'world power', or 'best in the world', or 'Giant of Africa', or 'The Most this' or 'The Greatest that'.
All well and good, but we never have anything worthwhile to show for it. So next thing is to go ahead and 'celebrate' mediocrity. Nigerian speciality.
There's no point boasting about being multi-billion anything if you cannot make a simple film that will stand up to international scrutiny. In fact, its a crying shame.
Its like a Nigerian cleaner in a New York hospital toilet telling everyone that cared to listen that he was actually a Nigerian-trained doctor, but was yet to pass his exams to allow him practice. He sadly cannot see how this is a shame on his own country Nigeria.
Okay now, Mr Doctor. Make you pass first, then we can talk.

The important thing for Nollywood na to raise its game, rather than claiming this and that. as things stand now, that multi-billion dollar tag is an embarassment, considering the quality of what we are producing.
Smaller countries with far smaller markets are doing much much greater things in film.
Naija, we too like 'title'.!!!!
 
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