The Nigerian Film Industry (Nollywood) is globally recognised as the second largest film producer in the world. The Industry is a significant part of the Arts, Entertainment and Recreation Sector which contributed 2.3% (NGN239biliion) to Nigeria’s Gross Domestic Product (GDP) in 2016.
It is one of the priority sectors identified in the Economic Recovery and Growth plan of the Federal Government of Nigeria with a planned $1billion in export revenue by 2020. Nonetheless, existing challenges will have to be addressed to take Nollywood to the next phase. PwC’s Global Entertainment & Media Outlook 2017 – 2021 provides deep knowledge and actionable insights on the trends that are shaping the entertainment and media industry.