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Ticket Price Raises Box Office Revenue by 46% to N6.94bn in 2022

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By Adedapo Adesanya

Nigerian cinema operators generated revenue of N6.94 billion in 2022 against the N4.74 billion generated in 2021, a 46.4 per cent growth year-on-year.

This was disclosed by the National President of the Cinema Exhibitors Association of Nigeria (CEAN), Mr Opeyemi Ajayi, during an interview with the News Agency of Nigeria (NAN) in Lagos.

This indicated a continued post-pandemic recovery after the majority of businesses were closed during the year 2020, with Mr Ajayi adding that Nigeria’s movie industry continues to lead the recovery in Africa.

“The box office raked in N4.74 billion in 2021, N2.1 billion in 2020, N6.4 billion in 2019, and N5.98 billion in 2018.

“For 2022, the increase in average ticket price led to revenue growth, and admissions remained flat in the previous year.

“Nigeria continues to lead a recovery in Africa, post COVID on the back of strong local industry. Also, Hollywood continues to focus on African content, and engagement is very positive for the box office.

“We observed that Black Panther is on track to become the first N1 billion movie,” he said.

Giving an outlook for the year 2023, the CEAN President added that a 10 to 15 per cent increase in ticket price would potentially drive box office revenue in 2023 as he expected positive growth by a minimum of 20 per cent as independent cinemas constituted 25 per cent of the market share at present.

He added that factors had been observed to drive growth in the new year as five cinemas were opened in the fourth quarter of 2022, and a minimum of 3 new locations were expected to open in the first half of 2023.

“This will be a positive addition to the box office. Collaborations between Hollywood and Nollywood on content are expected to continue in the foreseeable future.

“And with the breakout success of big Nollywood movies such as Brotherhood, Battle on Buka Street, and King of Thieves, to mention a few, 2023 is expected to have a larger budget movie and potential release outside the West African territory.”

He also noted the top 5 highest grossing Nollywood films in 2022 as Brotherhood, King of Thieves, Battle on Buka Street, Ijakumo and Passport and: Black Panther, Woman King, Dr Strange, Thor: Love and Thunder, and Black Adam for Hollywood.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Paramount+, HBO Max to Become One Streaming Entity After WBD Deal

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By Adedapo Adesanya

Paramount+ and HBO Max will become a single, unified streaming service after Paramount Skydance stepped in to acquire Warner Bros. Discovery (WBD) following the surprise exit of Netflix from the bid.

The company’s chief executive officer (CEO), Mr David Ellison, announced during a call with investors on Monday that the company plans to merge Paramount+ and HBO Max into a single, unified platform.

“Our combined company will be home to many of the greatest, most recognisable and beloved franchises in the world, from ‘Harry Potter’ to ‘Top Gun,’ ‘Star Trek’ to ‘Looney Tunes,’ ‘Game of Thrones’ to ‘Yellowstone.’ This represents a tremendous opportunity, and we fully intend to invest in the creative engines of both studios, making them the most sought-after destination for the industry’s leading creative talent,” he said.

Mr Ellison also reassured investors that HBO’s identity and creative vision as a studio would remain unchanged.

“Our viewpoint is HBO should stay HBO.” He also committed to maintaining a robust theatrical slate, pledging 15 films per year, per studio, for a total of at least 30 annual theatrical releases.

This announcement comes on the heels of Paramount’s recent agreement to acquire WBD in a deal estimated at $110 billion. The merger would bring together a vast array of film, TV, and news assets under one corporate entity and is expected to upend the Hollywood landscape as we know it. It also furthers the trend of consolidation seen among other major streaming platforms, such as the combination of Disney+ and Hulu.

With a projected subscriber base of over 200 million, the new streaming service will be positioned as a serious contender among the top streaming giants.

However, the merger also invites close scrutiny from the US Department of Justice over concerns about media concentration and market competition.

Also, industry observers warn that the merger is likely to result in significant job cuts, heightening employee anxieties over layoffs and wage reductions.

There have also been concerns over editorial independence, particularly in light of the Ellison family’s political connections to Donald Trump and increasing scrutiny of newsrooms at CBS and CNN.

Regardless of the concerns, Mr Ellison was optimistic that the transaction would move forward smoothly.

He described the merger as “pro-competition, pro-consumer, and pro-creative community,” emphasising the transaction will “create a stronger Hollywood and global production ecosystem, one that expands consumer choice and unlocks opportunities for creative talent.”

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Netflix Walks Away from Warner Bros Deal After Paramount’s Huge Offer

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By Adedapo Adesanya

Streaming giant, Netflix, has backed away from its proposal to buy Warner Bros Discovery, clearing the way for Paramount Skydance to win the long battle for one of Hollywood’s most storied studios in a deal worth over $100 billion.

Warner Bros, which announced it was up for sale last year, said Paramount’s latest bid was “superior” to the one from Netflix, which in turn refused to raise its offer.

Paramount, which has been insistent regarding the deal, would also need approval from the US Department of Justice as well as European regulators.

Netflix executives say they have declined to match Paramount’s bid as “the deal is no longer financially attractive” at that price.

The buyer would gain control of the iconic studio along with its films and media networks.

The takeover has been touted to significantly reshape the global media landscape, which includes the streaming market.

Last December, Warner Bros agreed to a takeover offer from Netflix for some of its assets, in a deal worth roughly $82 billion, including debt.

Paramount then made a rival proposal, which was refused by Warner Bros, but an increased offer was made earlier this week, boosted by $1 per share.

“The transaction we negotiated would have created shareholder value with a clear path to regulatory approval,” Netflix co-chief executives Ted Sarandos and Greg Peters said in a statement. “However, we’ve always been disciplined.”

“This transaction was always a ‘nice to have’ at the right price, not a ‘must have’ at any price,” the Netflix executives added.

The announcement came just hours after Mr Sarandos had visited the White House on Thursday.

The development marks the possible end of the saga that saw offers and refusals and could possibly change the global streaming market as Paramount is backed by some of the biggest names in the industry, including Oracle owner, Mr Larry Ellison.

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Why Wildlife Shows Hook Us: The Allure of NatGeo Wild

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GOtv NatGeo Wild

There is something undeniably captivating about wildlife documentaries. The moment a predator locks eyes with its prey, the awe of seeing animals in their natural habitat, the thrill of nature’s drama playing out in real time. These are experiences that rein us in and refuse to let go. NatGeo Wild doesn’t just show the wild; it invites us to feel it, understand it, and marvel at it.

What is it about the wild that keeps pulling us back, no matter how many times we watch?

The Explorer in All of Us

At our core, we are wired much like the animals we watch. Curiosity drives us the way it drives a leopard to investigate a sound in the distance. Wildlife shows activate that instinct. We scan scenes like hawks from above, reading body language, anticipating danger, noticing subtle shifts in behaviour. In these moments, we’re more than viewers; we’re explorers, investigators, and sometimes even adventurers.

It’s a way to witness danger safely. A way to test our instincts and a way to connect with the power and beauty of the natural world, all from the comfort of home.

The Comfort of Nature’s Stories

Nature may be ruthless, but it is rarely random. Like a herd moving in rhythm or a pack operating with purpose, wildlife shows follow a structure we instinctively understand: predator and prey,  threat and escape,  loss and resilience.

Within a single episode, chaos settles into balance. Even in harsh environments, there is order just as there is in the wild. That predictability offers comfort, reminding us that survival follows rules, patterns, and rhythms older than humanity itself.

NatGeo Wild Shows That Keep Us Glued to the Screen

Over the years, NatGeo Wild has mastered the art of storytelling that moves like nature itself, quiet when it needs to be, explosive when it matters most. These are not just documentaries; they are immersive experiences that sharpen the senses and stir instinct.

Africa’s Deadliest

Step into the African wilderness, where survival is a daily contest of speed, strength, and strategy. Africa’s Deadliest introduces us to predators that hunt with the patience of chess players and the precision of seasoned warriors. From crocodiles lying in wait beneath murky waters to lions coordinating attacks across the savannah, each episode breaks down how instinct, timing, and dominance decide who eats and who doesn’t.

Wild, Smart and Deadly

Wild, Smart and Deadly is where brains meet brawn in the animal kingdom. This series delves into the intelligence behind nature’s deadliest hunters, showcasing creatures that use strategy, cunning, and sheer wit to survive. From octopuses escaping predators with mind-blowing tricks, to predators setting up elaborate ambushes, every episode reveals how survival in the wild is a high-stakes chess game. Watching it feels like witnessing nature’s most elite tacticians at work, where one smart move can mean the difference between life and death.

Born in Africa

In the wild, birth is only the beginning. Born in Africa follows young animals from their first breath into a world that offers no mercy. Every stumble, chase, and lesson learned is part of a race against time. From a giraffe learning to stand within minutes to lion cubs discovering the rules of dominance, the series captures vulnerability, growth, and resilience in its purest form.

Wild Mediterranean

The Mediterranean may look serene, but beneath its surface lies a battlefield of survival. Wild Mediterranean uncovers a world where predators hunt in crystal waters and creatures adapt to shifting coastlines and hidden dangers. From dramatic underwater pursuits to life along rugged shores, the series reveals a region shaped by adaptation, resilience, and quiet ferocity.

Hostile Planet

Here, nature shows no mercy. Hostile Planet explores environments so extreme they feel uninhabitable, yet life persists. Animals endure freezing tundras, scorching deserts, and violent storms, adapting in ways that defy belief. Every episode is a testament to resilience, revealing how instinct, evolution, and sheer willpower allow life to survive against impossible odds.

These shows captivate because they do more than entertain; they educate, inspire, and transport us into worlds we’d rarely get to see otherwise. Every episode is an invitation to explore, learn, and marvel at the wonders of nature.

Catch all these incredible wildlife stories on NatGeo Wild, GOtv Channel 100.

Subscribers can also enjoy more value with the We Got You offer, available until 28th February 2026. Pay for your current package and automatically get upgraded to the next one at no extra cost,  giving access to more channels, more shows, and more moments like these.

To subscribe, upgrade, or reconnect, download the MyGOtv App or dial *288#. You can also stream anytime with the GOtv Stream App.

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