Showbiz Sandbox 140: Nollywood Love – Inside The Booming Nigerian Film Industry
March 13, 2012
Oil rich Nigeria may be best known for political upheavals and brutal civil wars, though over the past twenty years the country has given birth to a thriving film industry. New York Times Magazine contributing writer Andrew Rice explains that what started out as a surplus of blank VHS tapes has grown into what is now called Nollywood; the world’s third largest movie business. Nollywood films now suffer from the same issues faced by Hollywood and Bollywood; piracy and escalating production costs.
The budget for Disney’s “John Carter” was about five thousand times that of the average Nollywood film, which is probably why a $100 million worldwide opening is seen as a bit of a disappointment. Directing his first live-action film, Pixar veteran Andrew Stanton seems to be getting most of the blame for the movie’s lack of success, though it just as easily could be pinned on a studio full of senior executives that lacked experience producing big blockbusters.
Speaking of pricey failures, Fox canceled its sci-fi series “Terra Nova”. Producers hope the show will be picked up by another network, though at $4 million per episode few can afford it.
We also cover the week’s top entertainment news stories, including the Justice Department’s claims of collusion in the publishing industry, Warner Bros. picks up Stephen King’s “Dark Tower” franchise and Britney Spears may become a judge on “X-Factor”
Ishtar Lands On Mars
The Inside Story Of How John Carter Was Doomed By Its First Trailer
‘Terra Nova’ Is Canceled, But Seeks New Home
Netflix Expresses Interest In Picking Up ‘Terra Nova’
Sony Caves To Artists In Class Action Suit
U.S. Warns Apple, Publishers
Rush Limbaugh Sponsor Exodus Hits 43 As Sandra Fluke Fallout Continues
Netflix In Talks With Cable Operators About Distribution Deals
Nicolas Cage Comic-Book Heist To Become Movie At Lionsgate
Britney Spears Nearing Deal To Judge ‘X Factor’
Billions Of DVDs Headed To Digital Cloud, Warner Executive Says
Warner Bros. In Talks For Stephen King’s ‘The Dark Tower’; Will Javier Bardem Saddle Up?
Did Amazon Exec Give Away Its TV Production Plan
Name That Tune Getting Rebooted
No More Silver Screens In France
China Steps Up Anti-Piracy Fight
The Damning Backstory Behind Homeless Hotspots At SXSW
A Scorsese in Lagos: The Making of Nigeria’s Film Industry
The Teeth May Smile But The Heart Does Not Forget