Lagos - A Nollywood filmmaker, Leila, has called out owner of iROKOTV Jason Njoku saying that the deal to show Nigerian films on Netflix is not benefiting Nollywood filmmakers financially.
Due to a business deal reached with iROKO TV, US-based internet streaming media Netflix has an African section to showcase Nollywood movies.
Without knowing the agreement with the filmmakers Leila said in a very long piece that assuming the deal with Netflix follows the same with the Nollywood film deal with iROKO TV works, it will mean film makers get a flat fee of between $5,000 and $15,000 with no royalties.
She revealed that for her film on Netflix, she was paid a hefty sum for the license by the distributor upfront, plus a distribution deal, plus 50% share of profits.
She advised filmmakers to create quality movies so that after iROKO TV puts it on Netflix, someone else will give them a bigger opportunity.