CNN’s Feature On Nollywood And The 4 Facts You May Not Know About Nollywood – The Mighty Economic Machine
CNN.com’s Africa View feature on Nollywood yesterday covered several facts many Nigerians already know. From the star power to the high output-low profit and also the rise of the now popular streaming service – IrokoTV.
The article featured an info-graphic with the following facts not so many know:
#Nollywood employs over 1 million people
#Nollywood generates $600 million dollars for the Nigerian economy annually
#Nollywood is the second largest employer after Agriculture
#Nollywood produces about 50 movies per week