Nigerian entertainment business strategist and movie producer, Mo Abudu is reportedly at loggerheads with the movie streaming platform, Netflix due to squandering of funds.
According to blogger, Cutie Julls, Mo Abudu and Kunle Afolayan were prepaid huge sums to produce Nigerian movies that will attract a worldwide audiences and not just a Nigerian audiences.
Due to alleged mismanagement of funds from Mo Abudu’s end; Netflix is now permanently moving to South Africa, where the hub would be based.
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Read the allegation below;
AUNTY MO, WETIN YOU DO WEY NETFLIX START TO DEY LOSE INTEREST?
HEARD YOU AND UNCLE KUNLE AFOLAYAN WERE PREPAID HUGE SUMS TO PRODUCE NIGERIAN MOVIES THAT WILL ATTRACT WORLDWIDE AUDIENCE AND NOT JUST NIGERIAN AUDIENCE.
The statement reads further;
EVEN IF NOT THE WHOLE 7 CONTINENTS; AT LEAST YOU COULD HAVE STRETCHED BEYOND WEST AFRICA. I THINK EVEN KEMI TRIED WITH THE RETURN OF THE KING OF THE BOYS THAN MOST OF AUNTY MO’S NETFLIX STANDARD PRODUCED MOVIE.
AUNTY MO, SO YOU COLLECT THIS HUGE AMOUNT OF MONEY TO PRODUCE 6 MOVIES; AND WHAT HAPPENED?
LIKE WHEN I HEARD THE LEAST AMOUNT TO PRODUCE ONE MOVIE FOR NETFLIX; OMO I COMMOT CAP FOR YOU O. YOU DON ENRICH YOURSELF WELL WELL.
BUT THAT’S NOT THE POINT CUZ BUSINESS IS MEANT TO BE PROFITABLE EVEN IF YOUR PROFIT MARGIN HUUUUUUUUGE.
The concluding part of the post reads;
BUT AUNTY MO, THE GOAL OF NETFLIX WAS TO PUSH NIGERIAN MOVIES OUT THERE; JUST LIKE HOW THE MUSICIANS LIKE BURNA; DAVID, WIZ, REMA, TEMS, TIWA ETC ARE PUSHING NIGERIAN MUSIC OUT THERE BUT MY AUNTY GREEDILY AND SELFISHLY SPOIL AM.
NOW NETFLIX WAN JAPA TO SA EVEN IF TO CAST NIGERIAN ACTORS.
THE HUB WILL BE SA
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