Actress and filmmaker Kenny George has expressed worries over the rising challenges in the movie industry and how investors are pulling out.
In a Instagram post at the weekend, she lamented that actors may soon end up as the only investors left in Nollywood because of the rising costs.
“I solidly stand on my word that one day actors will be the sole investors in movie, right now most investors are backing down, the cost of filming is very high, actors fee and co is scaring. You hear an actor who does not even have up to 10k views on his or her channel, day in day out asking 500k per day.
“Actors are billing high in the name of economic. To get an actor to collect 100k a day now self na war. Which way now? Very soon, actors will be the only investors in our industry. And as we are going right now, we are heading back to the beginning where it will be a group thing…I help you, you help me for my film also. That’s what we are approaching.” She noted.
She further said that YouTube, which was the only reliable source of revenue for the movie distribution, was not stable.
“It’s so painful that no one is talking about this problem right now. After shooting, the only sure market of showing is YouTube with unsure revenue, investors are backing out,” she lamented.
According to her, filmmakers are forced to take on multiple roles due to the challenge.
“We have now become actor, producer, marketer, EP and co. To crown it up, all actors and investors have become full-time dancers, ” she said.
She finally urged the corresponding authorities to look into the matter.
“I will advise the right authorities to look into it, and let’s all proceed with caution,” she added.
In a Instagram post at the weekend, she lamented that actors may soon end up as the only investors left in Nollywood because of the rising costs.
“I solidly stand on my word that one day actors will be the sole investors in movie, right now most investors are backing down, the cost of filming is very high, actors fee and co is scaring. You hear an actor who does not even have up to 10k views on his or her channel, day in day out asking 500k per day.
“Actors are billing high in the name of economic. To get an actor to collect 100k a day now self na war. Which way now? Very soon, actors will be the only investors in our industry. And as we are going right now, we are heading back to the beginning where it will be a group thing…I help you, you help me for my film also. That’s what we are approaching.” She noted.
She further said that YouTube, which was the only reliable source of revenue for the movie distribution, was not stable.
“It’s so painful that no one is talking about this problem right now. After shooting, the only sure market of showing is YouTube with unsure revenue, investors are backing out,” she lamented.
According to her, filmmakers are forced to take on multiple roles due to the challenge.
“We have now become actor, producer, marketer, EP and co. To crown it up, all actors and investors have become full-time dancers, ” she said.
She finally urged the corresponding authorities to look into the matter.
“I will advise the right authorities to look into it, and let’s all proceed with caution,” she added.
