Netflix Exits Nigerian Market: Analyzing the Impact on Local Viewers
There is currently no verified report indicating that Netflix has left the Nigerian market. On the contrary, Netflix has recently been increasing its focus on Nollywood, releasing a slate of original Nigerian productions and announcing new projects for 2024.
These include movies like Hijack 93, Seven Doors, and a new season of Aníkúlápó, showcasing their commitment to investing in local storytelling and celebrating Nigerian culture.
However, Netflix has faced challenges in Nigeria, such as economic issues and competition from local streaming platforms, which have made the market less lucrative compared to other African countries like South Africa.
Despite these challenges, Netflix continues to support Nollywood and expand its offerings in the region