NAIRAMETRICS
- Nollywood has gained global recognition and is now the second largest film sector after Hollywood at $6.4 billion.
- The Oscars Academy has extended membership invitations to four talented individuals from Nollywood, recognizing their innovative contributions to the industry.
- The newly inducted members, including Jade Osiberu, Richard Mofe Damijo, CJ Obasi, and Kunle Afolayan, have made significant impacts and contributed to Nollywood’s growth and success.
In a testament to Nollywood’s rising global prominence, the renowned Oscars Academy has recently welcomed four exceptional talents from the Nigerian film industry into its esteemed ranks.
These newly inducted members represent a significant milestone for Nollywood, solidifying its place on the international stage.
With a valuation of $6.4 billion as of 2022 as of 2022, Nollywood has firmly established itself as the second-largest film industry worldwide, trailing only behind Hollywood.
Notable box office hits like “The Wedding Party” and “Battle on Buka Street” have propelled Nollywood’s success, bringing it closer to the zenith of its dominance.
The Oscars Academy’s recognition of Nollywood’s creative contributions underscores the industry’s innovative spirit and its growing importance in the global film landscape.
The inclusion of these talented individuals in the prestigious academy is a testament to their exceptional achievements and their pivotal roles in shaping Nollywood’s progress.
In this article, Nairametrics shines a spotlight on these four newly inducted members, delving into their remarkable accomplishments and examining the unique contributions they have made to Nollywood’s flourishing success.
