Nigerian music icon D’banj is making waves beyond the stage by investing in the next generation of creatives and entrepreneurs. Through his C.R.E.A.M (Creative, Reality, Entertainment, Arts, and Music) platform, he has announced a massive N250 million fund to support emerging talents with distribution deals, helping them access industry opportunities.
This initiative comes as part of…
American media giant, NBCUniversal, is acquiring a 30% stake in Showmax, MultiChoice’s video platform.
As part of the deal, MultiChoice announced the formation of Earth UK Holdings Limited (EarthCo) to act as Showmax’s parent company.
In exchange for a 70% stake in…
Lagos, Nigeria. In support of the Nigerian government’s broadband ambition to ensure adequate coverage is available to at least 90% of Nigeria’s population, Hyperia Limited, in partnership with YahClick (powered by Hughes), has strengthened its already established…
Netflix sacks 150 employees amidst slowing revenue
May 19, 2022
Video streaming company, Netflix has laid off 150 of its employees as its subscriber base and revenue slows down. This is coming less than a month after it disengaged at least 10 full-time staff and contractors in its editorial and marketing divisions.
The sacked workers represent two percent of its workforce, largely in the U.S. The company is also eliminating 70 roles from its animation unit, as…
After the award show, it’s the after-party, and what is a celebration without Moët & Chandon!
The AMVCA is Africa’s foremost award show that brings together Africa’s top talents and stakeholders in the movie industry for a night of celebration, highlighting the…
Damini Ogulu, professionally known as Burna Boy became the first Nigerian music artist to headline a sold out concert in Madison Square Garden in New York, USA raking in over N3 billion in ticket sales alone.
Tickets sold for as low as $80 with an average of $350 and as high…