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Investing in Nollywood? Lessons from ‘A Tribe Called Judah’ and ‘Malaika’ on Combating Piracy

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The recent crackdown by the Force Criminal Investigations Department (FCID) in Lagos on a piracy syndicate marks a significant step in Nigeria’s ongoing battle against copyright infringement, particularly in the creative industry.

The apprehension of individuals involved in the illegal distribution of two popular Nigerian movies, “A Tribe Called Judah” and “Malaika,” illustrates a critical turn in the enforcement of the Nigerian Copyright Act 2022, particularly those related to online content.

Piracy, the unauthorized copying and distribution of copyrighted works, has a profoundly negative impact on the creative industry and investments therein. First and foremost, piracy directly reduces the revenue that creators and producers can generate from their works.

When movies, music, books, or other creative works are illegally distributed, the potential earnings from these works are significantly undercut. This reduction in revenue not only affects the immediate financial viability of creative projects but also diminishes the incentive for artists and producers to invest time, effort, and resources into future projects.

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The ripple effect of this reduced revenue stream is far-reaching. Lower profits from creative works mean less capital is available for reinvestment into new projects, leading to a decrease in the overall production of creative content. This decline can stifle the growth of the creative industry, reducing its potential as a source of employment and economic development.

In a country like Nigeria, with its rich cultural heritage and growing creative sector, the impact of piracy can be particularly damaging, hindering the industry’s ability to contribute to national economic growth and cultural expression.

Furthermore, piracy creates a hostile environment for both local and foreign investors. Investors are typically attracted to markets that offer a high return on investment and where their investments are protected by law. The rampant piracy in the creative industry poses a significant risk, making investors hesitant to fund projects.

This lack of investment not only affects the scale and quality of creative productions but also limits the industry’s contribution to the broader economy. The creative industry is a potential powerhouse for job creation, skill development, and tourism, all of which can significantly boost a nation’s economic profile.

The actions of the FCID in Lagos, therefore, have implications beyond the immediate legal consequences for those involved in piracy. By demonstrating a commitment to enforcing copyright laws, these actions signal to creators and investors alike that the Nigerian government is serious about protecting intellectual property.

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This assurance can help to restore confidence in the creative industry, encouraging both domestic and international investment. Increased investment will, in turn, lead to more robust and diverse creative productions, generating employment, fostering innovation, and contributing to economic growth.

In conclusion, the fight against piracy, as exemplified by the recent police actions in Nigeria, is not just about protecting the rights of individual creators; it is also about safeguarding the future of the creative industry and its potential contributions to the economy. By addressing piracy, Nigeria can foster a more vibrant, innovative, and economically significant creative sector, which is essential for the nation’s cultural and economic prosperity.

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Entertainment

My wife and I no longer together – Ikechukwu speaks on marriage crash

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Nigerian rapper and actor, Ikechukwu Onunaku has confirmed that his marriage has ended.

Recall the former Mohits rapper tied the nuptial knot with his fiancée, Ella in May 2021.

But speaking in a recent interview with Daddy Freeze, Ikechukwu said he was now divorced.

He cited “irreconcilable differences” as the reason for the desolation of his marriage, revealing that it was not due to infidelity. In Ikechukwu Onunaku’s words:

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“My wife and I are no longer together. We separated due to irreconcilable differences. It wasn’t over infidelity. There were too much gaslighting, too much looking for faults, and too much listening to outsiders.

“I tried to save our marriage but I got to a point where I couldn’t tolerate my ex-wife’s excesses anymore and I showed her my other side and we couldn’t bear it.”

In the same interview with Daddy Freeze, Ikechukwu recounted his experience at the now-defunct record label, Mohits Records, owned by D’banj and Don Jazzy.

The rapper claimed D’banj used to cheat him out of his hard earned money by giving him stipends after making millions.

According to him, D’banj would pay him a meagre N50,000 for shows he was booked for, despite the actual fee being over N1.5 million. He said the ‘koko master’ used to treat him like he was doing him a favour.

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However, he mentioned that D’banj later increased the payment to N150,000 after obtaining permission from his mother.

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Rudeboy refutes Eedris Abdulkareem’s claims that 50 Cent assaulted P-Square

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Paul Okoye, aka Rudeboy of the P-Square, has refuted Eedris Abdulkareem’s claims that the group was assaulted by American rapper 50 Cent and his crew at a concert held at the Tafawa Balewa Square in Lagos in 2004.

Abdulkareem claimed in a recent podcast interview that 50 Cent’s crew “flogged and chased” Nigerian artists, including P-Square, out of the backstage area at a concert.

He said he was the only Nigerian artist who refused to be intimidated out of the backstage.

Reacting during a recent Instagram live session with fans, Rudeboy said P-Square never attended the said show due to the inability of the organisers to reach an agreement with them on the booking fees.

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He said Abdulkareem betrayed Nigerian artists by going behind them to accept “peanut” from the show organisers after they had already agreed on lucrative performance fees.

Rudeboy said: “P-Square did not go for the [50 Cent] concert. We had another concert. We were never billed. The reason was because they offered us peanuts, and we refused. But Eedris Abdulkareem accepted the peanut and was expecting VIP treatment. 50 Cent crew didn’t beat you well.

“Respect yourself. P-Square was never billed for that concert. Daddy Showkey, Tony Tetuila, everyone is telling you guys that Eedris is a big liar. We know he is a lair. We were never billed for that concert. We didn’t go.”

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Women rejected me due to my looks – Actor Stephen Alajemba

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Veteran Nollywood actor Stephen Alajemba, aka Uwaezuoke, has revealed that he experienced rejection from women and people in general while growing up due to his physical and facial appearances.

The thespian said his mother told him that as a baby, people refused to carry him because he was not looking attractive.

He disclosed this in a recent interview with popular YouTuber, Yan Kontent Factory.

Alajemba said he promised his mother that he was going to make her proud because she told him that he did not “earn anything good” for her as a child.

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He said ladies “run away” whenever they see his face.

The comic actor said he was unable to attract a lover until he was 20, adding that he got married to his first love at 23.

“Any lady who sees my facial look and stature runs away,” the actor said.

“Unfortunately before one accepted me I was already 20 to 22 years old. I married at 23. So the first person tasted it and confirmed it and she did not leave me anymore.”

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