Home Lifestyle Celebrity news AY Makun Comedian featured on CNN Marketplace Africa, talks hardships in Nollywood When asked about the impact of the recession in the country’s economy on business, AY noted that even his company suffered as did most companies in the industry.
Celebrity news

AY Makun Comedian featured on CNN Marketplace Africa, talks hardships in Nollywood When asked about the impact of the recession in the country’s economy on business, AY noted that even his company suffered as did most companies in the industry.

Share
Capture 2 1
Share

AY Makun has joined an elite list of Nigerian celebrities who have been featured on CNN after he was a guest on “CNN Marketplace Africa.”

The ace comedian spoke on some of the issues facing independent producers in Nollywood.

 

AY MakunAY Makun

(Stargist)

The Nigerian movie industry has experienced a significant increase in investments and popularity and with Makun’s recent movies, such as “30 days in Atlanta,” “A trip to Jamaica,” amongst others, this is made even more obvious.

He explained that the boom being experienced is a direct result of Nigerians realising that money can be made from Nollywood.

He said: “People are now beginning to know that you can make money from our movies. Investors are starting to come in and collaborations between different production outfits are beginning.”

Asked about the impact of the recession in the country’s economy on business, AY noted that even his company suffered as did most companies in the industry.

“It affected the last movie I did, 10 Days in Suncity, because of the exchange rate. I was shooting in Nigeria and South Africa so the exchange rate was crazy and that affected finance.

“However, Nigerians seeking a short respite from the realities of the recession continued to spend money on movies.”

 

th?id=OIP.blzzm8RDpR36TYYbXz73EADLEz&pid=15
AY Makun and wife

AY went on to explain: “Recession or no recession, Nigerians want to like a product and they are ready to go out there and see it – it’s part of the relief for them.”

He also outlined what it takes to produce a financially successful Nollywood movie.

“The secret is not for you to just jump in because you think people are making money. You need to do your research. You also need to have an understanding of finance.”

Watch the clip from the interview above.

Donald Trump US President tells Paris, Berlin to ‘keep making money’ via trade with Tehran US President Donald Trump said in an interview aired Sunday he does not object to France and Germany continuing trade with Iran, despite his refusal to certify the Iran nuclear deal.

IS GOD THE AUTHOR OF CONFUSION? @thewinlos

Antonio Guterres Trump says UN boss doing ‘very very spectacular job’ US President Donald Trump jettisoned his past criticism of the United Nations Friday, as he lavished praise on the organization’s Secretary General.

Nigeria Can Lift 2018 World Cup, says CAF President

Nasty C – Allow ft. French Montana (@Nasty_CSA)

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts

Related Articles
Don Jr.'s Former Bratz Doll-Looking Mistress Won't Stop Milking Their Affair (Sorry, Vanessa)
Celebrity newsPolitics

The Tricky Tale of Don Jr. and His Relentless Ex: When Past Affairs Just Won’t Stay Past

Donald Trump Jr. hasn't given his affair with Aubrey O'Day a second...

Lauren Sánchez Bezos Has Gotten Read For Filth Over Her 'Obnoxious' Engagement Ring
Celebrity news

The Story Behind Lauren Sánchez Bezos’ Controversial Engagement Ring

Lauren Sanchez hasn't been shy about flashing her engagement and wedding rings,...

Diddy's Ready To Drop A Staggering Amount Of Money To Cut His Time In Prison Short
Celebrity news

Diddy’s Bid to Shorten Prison Time: A High-Stakes Legal Gambit

As Diddy awaits sentencing after his sex-trafficking trial, it looks like the...

HGTV's David Bromstad Looks So Much Like One Of His Older Siblings
Celebrity news

The Remarkable Resemblance Between David Bromstad and His Older Brother Dean

"My Lottery Dream Home" fans don't see as much of David Bromstad's...