DStv Africa Magic, Nollywood Channel UK, Movistar, HiNolly and many other television stations survive based on the content supplied by Nigerian Producers.
In a decade and a half, Nigeria’s video film business has grown from a trickle of experimental productions to a multi-million dollar industry.
South African film Tsotsi wins Best Foreign Language Film at the 2006 Oscars.
Releasing between 1400 and 2000 films a year, Nollywood – the term first used in a 2002 article in the Washington Post, entitled ‘Step Aside Hollywood, Bollywood, here comes Nollywood’ – is the third biggest film industry in the world.
Indian film Slumdog Millionaire grosses $393 million and counting after winning 8 Oscars in 2009.