Netflix’s decision to scale back commissioning Nigerian productions has sparked discussions in the film industry. While concerns arose about a potential exit, filmmakers like Kunle Afolayan clarified that Netflix remains in Nigeria but is reducing its volume of projects due to profitability challenges. Comedian AY and actress Bimbo Akintola echoed this, noting the need for the industry to innovate and explore alternative platforms like YouTube.
A major issue highlighted is the misuse of funds by some producers, which comedian Basketmouth said has led to substandard films and impacted Netflix’s return on investment. Since 2016, Netflix has invested $23.6 million in over 250 Nigerian projects, including hits like *Blood Sisters* and *King of Boys*.
The situation calls for improved production standards, local distribution platforms, and government support to sustain growth. While Netflix’s shift is a setback, it offers an opportunity for the industry to address inefficiencies and build a more resilient ecosystem.