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Biola Alabi & Dayo Olopade On Why Africa Is Hollywood’s Biggest Missed Opportunity

   

biola alabi

The former MNET executive Biola Alabi and a co-writer Dayo Olopade, have made a compelling argument for why Africa is Hollywood’s biggest missed opportunity. In an article they wrote for Washington Times, they argued that movie watching has exploded in African countries like Nigeria where there is a rapidly growing middle class hungry for entertainment.

Read excerpts;

Hollywood has consistently snubbed minority actors and actresses. Some movie studios justify their diversity problem with economic arguments: In a leaked e-mail to Sony Pictures Chairman Michael Lynton, an unnamed producer warned against casting Washington in films that would be marketed overseas: “I believe that the international motion picture audience is racist — in general, pictures with an African American lead don’t play well overseas.” Such judgments reveal Hollywood’s outdated mindset and ignore the rapidly changing demographics and tastes of international moviegoers. Africa, in particular, has remained a perennial blind spot, threatening to become a missed business opportunity for Hollywood. Movie watching is growing rapidly in several African nations, and there is evidence that black leads attract the attention of that growing audience and others.

International moviegoers deliver nearly 70 percent of the industry’s business today, with nearly a third of that global box office coming from Asia — especially China, Japan and India. The industry is courting that audience by producing high-tech films that wow on Asia’s growing number of 3D movie screens, and distributing more films with Asian characters and settings. “Life of Pi,” the 2012 film about a shipwrecked Indian boy, shocked movie executives by earning nearly 80 percent of its sales in foreign markets. South Korean actor Byung-hun Lee was cast in the 2014 movie “G.I. Joe: Retaliation,” which grossed $42 million in its opening weekends in East Asia, more than half of its total foreign opening weekend sales. Now, when industry decision-makers look beyond U.S. shores, their first question is, “Can this sell in China?”

But that view is short-sighted. Movie-watching in African nations like Nigeria, Ghana and South Africa has exploded in recent years, alongside a rapidly growing middle class hungry for entertainment that reflects local perspectives and phenotypes. Nigeria’s film industry, dubbed Nollywood, is already home to the world’s third-most-valuable movie industry, worth more than $500 million and bested only by Hollywood and India’s Bollywood industry. Producing nearly 50 movies a week, mostly with low budgets and local actors, Nollywood now churns out more films than its California counterpart. And Africa is not the only place with a growing black middle class with a desire for movies with diverse stories. In this hemisphere, Colombia has 5 million citizens of African descent, and 50 percent of Brazilians identify as black. Hollywood would be wise to court these customers now, as they develop new behaviors and spend newly found disposable income.

Certainly, Hollywood films built on black lead characters rarely have been runaway hits. Will Smith’s “Independence Day” is the only one to have cracked the global top 50-grossing films — and that was in 1996. But this has less to do with the race of the actors than with the expectations of the studios. When industry executives limit their investment in films anchored by people of color, their low expectations become self-fulfilling. For instance, international sales made up only 7.1 percent of revenue for last year’s “Think Like a Man Too” — but the film was released in only 11 foreign countries (and earned half its international take in Africa). But when these films are well marketed, they succeed overseas. “The Butler,” for instance, was release in 43 countries (but not China), and earned 34 percent of its revenue abroad. And “12 Years a Slave,” boosted by its Oscar recognition, generated 70 percent of its sales in the 48 foreign countries where it was released. 

Read full article on Washington Post

1 Comment

1 Comment

  1. bibutiri.premiumgist@gmail.com'

    Binutri Samson

    April 8, 2015 at 10:54 am

    Nice up to dates from you. These are some good points about the movie in Nigeria. So give the more points to give the post in beautiful way.

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