Africa Magic Invests Over $85 Million to Bolster Local Content - GFH NEWS
  • Advertise
  • Contact
GFH NEWS
Ecobank Super Rewards
  • Home
  • Economy
  • Politics
  • Health
  • Entertainment
  • Technology
  • Sports
  • Education
  • Others
    • Security
    • Metro/General News
    • Crime
    • Law/Judiciary
  • Contact
No Result
View All Result
  • Home
  • Economy
  • Politics
  • Health
  • Entertainment
  • Technology
  • Sports
  • Education
  • Others
    • Security
    • Metro/General News
    • Crime
    • Law/Judiciary
  • Contact
No Result
View All Result
GFH NEWS
No Result
View All Result
Home Culture

Africa Magic Invests Over $85 Million to Bolster Local Content

gfhnews.com by gfhnews.com
November 7, 2023
in Culture, Entertainment
0
Africa Magic Invests Over $85 Million to Bolster Local Content
0
SHARES
12
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

MultiChoice, one of Africa’s major economic multipliers in the television sector has announced that through Africa Magic, it has successfully commissioned, produced, and acquired more than $85 million worth of local content over the last few years to create opportunities for young creators to earn a living from their work and for Africa to tell its authentic stories.

However, this substantial investment is under threat from piracy. As content distribution has evolved to encompass various devices and platforms, content piracy has evolved in tandem. Producers, studios, and rights-holders now find themselves in a technology arms race against pirates, striving to develop content-security strategies to protect their brand reputation, revenue, and the livelihoods of thousands who depend on the industry.

Speaking about the detrimental impact of content theft, Dr. Busola Tejumola, Executive Head of Content and West Africa Channels at MultiChoice West Africa, described piracy as unchecked theft that endangers the existence of jobs and the well-being of communities across Africa.

“We recently launched a continent-wide television campaign to emphasise how piracy erases African stories and jeopardises jobs in the production and creative industries. If piracy remains unchecked, it will result in fewer African stories being told, fewer local productions commissioned, and fewer opportunities for content producers.

“I appeal to our nation and our continent to unite against piracy and empower Africa’s creatives to earn a living from their talent, “she said.

In addition to its impact on the entertainment industry, Africa Magic’s contributions have also injected significant financial support into adjacent industries, such as travel, hospitality, construction, and manufacturing sectors, all of which are jeopardised by the scourge of piracy.

Previous Post

Tariff Review: What Option Does MultiChoice Have?

Next Post

Tinubu, Shettima Should Resign – Baba-Ahmed

gfhnews.com

gfhnews.com

Next Post
Tinubu, Shettima Should Resign – Baba-Ahmed

Tinubu, Shettima Should Resign – Baba-Ahmed

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

    • Trending
    • Comments
    • Latest
    Nnamdi Kanu’s trial: Isi Agu cannot be worn in my court – Justice Nyako

    Nnamdi Kanu’s trial: Isi Agu cannot be worn in my court – Justice Nyako

    February 16, 2022
    Army Chief  urges Reps to direct further enquiries on arms deals to past chiefs

    BREAKING: Nigeria’s chief of army staff Ibrahim Attahiru killed in plane crash

    May 21, 2021
    DSS arrests Salihu Tanko-Yakassai over issues beyond expression of opinion – PRO

    Security agencies prevent plans to disrupt council poll in Rivers

    April 17, 2021

    VIDEO: Mazi Nnamdi Kanu having good times with girl who trapped him

    June 30, 2021
    Samboro Community N1.1trn judgment: Judiciary is the hope of the common man, says SAN

    Exclusion of Edu state from proposed new ones, continued Nupe marginalisation – SAN

    1
    PSG vs Inter: GOtv to Air UEFA Champions League Final.

    PSG vs Inter: GOtv to Air UEFA Champions League Final.

    0

    Don’t miss our next event

    0

    How it all began

    0
    PSG vs Inter: GOtv to Air UEFA Champions League Final.

    PSG vs Inter: GOtv to Air UEFA Champions League Final.

    May 31, 2025
    Corruption is a dream killer, ICPC warns youths

    Corruption is a dream killer, ICPC warns youths

    May 29, 2025
    WWE Friday Night SmackDown— Live this Friday at 7PM on GOtv Channel 68

    WWE Friday Night SmackDown— Live this Friday at 7PM on GOtv Channel 68

    May 29, 2025
    Binge-Worthy Series on GOtv That You’ll Get Hooked On

    Binge-Worthy Series on GOtv That You’ll Get Hooked On

    May 29, 2025

    Recent News

    PSG vs Inter: GOtv to Air UEFA Champions League Final.

    PSG vs Inter: GOtv to Air UEFA Champions League Final.

    May 31, 2025
    Corruption is a dream killer, ICPC warns youths

    Corruption is a dream killer, ICPC warns youths

    May 29, 2025
    WWE Friday Night SmackDown— Live this Friday at 7PM on GOtv Channel 68

    WWE Friday Night SmackDown— Live this Friday at 7PM on GOtv Channel 68

    May 29, 2025
    Binge-Worthy Series on GOtv That You’ll Get Hooked On

    Binge-Worthy Series on GOtv That You’ll Get Hooked On

    May 29, 2025

    GFH News is a Nigeria based online news platform that gives news on the go. Our team gather news from different sectors, locally and internationally, with fact checks.
    Get the news as it breaks.

    Browse by Category

    • Agriculture
    • Aviation
    • Banking
    • Business
    • Celebration
    • Corruption
    • Crime
    • Culture
    • Cyber security
    • Disaster
    • Economy
    • Education
    • Entertainment
    • Environment
    • FACT CHECK
    • Feature
    • Filmmaking
    • Finance
    • Food
    • Foreign
    • Health
    • Holiday
    • Home Ownership
    • Housing
    • Information
    • Infrastructure
    • Journalism
    • Labour
    • Law enforcement
    • Law/Judiciary
    • Metro/General News
    • Mining
    • Music
    • Oil&gas
    • Philanthropy
    • Politics
    • Religion
    • Science
    • Security
    • Sports
    • Technology
    • Terrorism
    • Tourism
    • Trade
    • Tragedy
    • Transportation
    • Travel
    • Uncategorized
    • Violence
    • Wildlife
    • work

    Recent News

    PSG vs Inter: GOtv to Air UEFA Champions League Final.

    PSG vs Inter: GOtv to Air UEFA Champions League Final.

    May 31, 2025
    Corruption is a dream killer, ICPC warns youths

    Corruption is a dream killer, ICPC warns youths

    May 29, 2025
    • Advertise
    • Contact

    © 2024 GFH News

    No Result
    View All Result
    • Home
    • Politics
    • Entertainment
    • Economy
    • Sports
    • Crime
    • Health
    • Security
    • Contact

    © 2024 GFH News