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About 23 hours ago, reports emerged with a headline: “Nollywood Suffers Another Setback: Netflix Cancels Nigerian Originals, Filmmaker Kunle Afolayan Reveals.” This sparked concerns about the future of Nollywood, as Netflix’s decision appeared to signal a withdrawal of support for Nigerian Originals.
Clarification:
Thirteen hours later, The Punch published a contrasting report titled: “Netflix Denies Rumoured Exit from Nigerian Market.” Netflix refuted the claims, reaffirming its commitment to Nigeria’s film industry and on-going investment in local content production.
Current Status:
Despite the initial alarm, Netflix maintains its presence and support for Nollywood, ensuring that its Nigerian Originals and film projects will not be abandoned.