• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, October 23, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Basketmouth Accuses Nollywood Producers Of Mismanaging Netflix Funds

by Affa Acho
11 months ago
in Entertainment
Share on WhatsAppShare on FacebookShare on XTelegram

Nigerian comedian and filmmaker, Basketmouth has accused Nollywood producers of mismanaging funds allocated by global streaming platforms, claiming that their actions have negatively impacted the quality of Nigerian films.

Advertisement

In an  interview on Arise TV, the entertainer alleged that many producers misuse substantial portions of the budgets provided for movie production, diverting the funds for personal gain.

According to him, only a small fraction of the funds is utilized for actual filmmaking.

Advertisement

When the streaming platforms came in, they gave money to these producers, and I’ll tell you point blank: these producers would take the money—$1.5 million or whatever they give them—and use about 10% of that money to make the movie,” he said.

Basketmouth further claimed that streaming platforms, upon discovering these alleged malpractices, decided to pay actors directly to ensure transparency.

However, producers reportedly devised a way to continue the fraudulent activity by coercing actors into returning part of their pay.

RELATED NEWS

LEADERSHIP Artiste of the Year 2025: Skales

Mr. Fixit Consulting Light Up Kaduna With Red Carpet Glamour, Celebrity Fashion Extravaganza

Patoranking Returns With ‘No Jonze’

Duncan Mighty, I Go Dye, Others Thrilled Abuja Residents At ‘The Vintage With Gana’

“Even to the point where the streaming platforms stepped in and said, ‘You know what? We are going to be paying the actors directly,’ these guys would still go behind and tell the actors to pay half of that money back to them. You can verify the information anywhere,” he added.

The filmmaker argued that the mismanagement of funds has significantly affected the quality of Nollywood films, with some epic productions appearing substandard.

“So, when you do that and expect your movie to be 100%, it can’t. It’s impossible. But these guys? They’ll cut, buy houses, buy cars. And that’s why when you see our movies, some of our epic movies look like stage plays,” Basketmouth lamented.

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShareTweetShare

OTHER NEWS UPDATES

I Was Homeless, Slept In My Car For Months After I left Banky W’s Record Label – Skales
Entertainment

LEADERSHIP Artiste of the Year 2025: Skales

15 hours ago
Entertainment

Mr. Fixit Consulting Light Up Kaduna With Red Carpet Glamour, Celebrity Fashion Extravaganza

4 days ago
Patoranking Returns With ‘No Jonze’
Entertainment

Patoranking Returns With ‘No Jonze’

4 days ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Arts And Humanities Students Need Maths Too

4 hours ago

What Does Ted Cruz Want?

4 hours ago

Ex-Council Chairmanship Candidate Arraigned For Allegedly Raping Teenager

4 hours ago

FG Seeks Fresh $10bn Credit To Address Humanitarian Challenges

4 hours ago

We Can’t Afford To Muzzle You, Shettima Tells Journalists

4 hours ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.