Netflix has addressed rumors suggesting its withdrawal from Nigeria, clarifying that it remains committed to showcasing Nollywood stories on its platform. Despite halting some funding for Nollywood Originals, the global streaming giant reassured the public of its dedication to investing in Nigerian content.
A statement released by Netflix highlighted their ongoing support for African narratives, emphasizing their role in telling diverse and compelling Nigerian stories to a global audience.
While the move to reduce funding has caused concern among Nollywood stakeholders, Netflix emphasized that the change is not indicative of its exit from the Nigerian market. Instead, the platform seeks to streamline its operations while maintaining its core focus on empowering African storytellers.
This development comes amidst industry-wide scrutiny of Netflix’s strategies for expanding its global content offerings. However, their renewed commitment signals that Nigerian storytelling remains a significant part of their vision.
With this reassurance, the future of Nollywood Originals on Netflix continues to hold potential, with promises of more impactful collaborations in the pipeline.
