‘Entertainment Industry To Generate N3.55trn In Three Years’

After several discussions, performances and heart-to-heart fireside chats at the recently concluded Nigerian entertainment conference, here are some of the take aways from the event.
Nigerian entertainment industry will be worth more than $9.9 billion by 2020. To put this in a proper perspective, the industry will be churning out N3.55 trillion in the next three years.
Data will determine the future of entertainment in Nigeria. For a longtime now Nigerian entertainment industry has been growing on autopilot, but technology is changing the way we create and distribute content.
Nigerian Entertainment Conference, NEC live, will become a three-day event from next year. The founder of BHM Group and Convener of the Nigerian entertainment Conference, Ayeni Adekunle announced in his keynote speech at Nec live I that the conference will now become a three-day event from next year and may even be hosted across Lagos, Abuja and Port Harcourt.
Nigerian content is becoming popular on the global scene. Nollywood and Nigerian music industry are making waves around the world and global players are paying attention to our content.
A combination of Smartphone and social media can turn anyone into a media power house. May be not really, but the barrier to producing and distributing content has been shattered by the duo of smartphone and social media.
Net honours award made a comeback and some notable people won. Individuals were recognized for their roles in the events that shaped the year in review, using data from websites and social media platforms.
Live performances from upcoming music curtsies, dance and stage play. The event came alive with performances from Kabusa Oriental Choir, Dance Na the main thing, Theatre Hub Africa among others.