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“They gave money to producers to make movies. Most of them would use about 10% to produce the movie”- Basketmouth Exposes Nollywood Producers Over Netflix Exit

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“They gave money to producers to make movies. Most of them would use about 10% to produce the movie”- Basketmouth Exposes Nollywood Producers Over Netflix Exit

by Gistme9ja Ola
December 5, 2024
in Celebrity News, Entertainment News
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“They gave money to producers to make movies. Most of them would use about 10% to produce the movie”- Basketmouth Exposes Nollywood Producers Over Netflix Exit
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Comedian Bright Okpocha, popularly known as Basketmouth, has sparked controversy in the Nigerian movie industry with his recent revelations about Netflix’s exit from the market. In an interview with Arise TV, Basketmouth accused some Nollywood producers, including Kunle Afolayan, Bolanle Austen-Peters and Femi Adebayo, of mismanaging funds provided by Netflix.

According to Basketmouth, Netflix invested heavily in Nigerian movie production, providing $1.5 million to producers. However, he claims that only 10% of the funds were used for actual movie production, while the rest was spent on personal gain, including buying houses and cars.

https://www.instagram.com/reel/DDM1TEwO5W1/?utm_source=ig_web_copy_link

“This is not about all producers, but most of them,” Basketmouth said. “They are about 70% and more. To the point that the streaming platforms want to deal with the actors directly. These people

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