Jason Njoku 10 things iROKO TV founder said about Netflix's launch in Africa

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

Jason Njoku, the founder of streaming service iRoko Tv, has reacted to internet users writing predicting the death of his platform, following the launch of Netflix in Nigeria.

According to the entrepreneur who is currently in Paris, Netflix isn't iRoko TV (vice versa).

play Jason Njoku

 

Check out 10 things he stated in a post, which he shared on his blog;

1. Netflix being in Nigeria has zero impact on iROKO and its vision for the future.

2. iRoko TV is the only place Nollywood fanatics can find most of what they are looking for.

3.  With the evident collapse of the DVD market, iRoko TV will soon be able to produce 200 movies a year.

ALSO READ: NETFLIX LAUNCHES IN NIGERIA

4. There's only one Netflix of Africa, and iROKOtv is not it, and has never intended to be.

5. Most of iRoko TV subscribers are from the West, as US and UK represent represent 55% of their  subscription base, "in Netflix's backyard."

ALSO READ: NIGERIANS REACT TO NETFLIX LAUNCH IN NIGERIA

6. In 2015, across its YouTube channels, iRoko saw 313m streaming video views. 185m of that was largely long form 2nd tier Nollywood content, with only 6% from Nigeria - "And it’s free."

7.  Streaming is just difficult today. It will get better someday, but definitely not today.

8. Netflix has been in operation for 18 years, while iRoko is only four years old.

ALSO READ: FILMMAKER QUESTIONS JASON NJOKU'S NETFLIX DEAL

9. The Nigerian platform isn't suddenly going to die because Netflix launched in Nigeria.

10. Jason Njoku has been a Netflix subscriber since 2012, and has been smitten by the company and their internet style market share grab.

Do you ever witness news or have a story that should be featured on Pulse Nigeria?
Submit your stories, pictures and videos to us now via WhatsApp: +2349055172167, Social Media @pulsenigeria247: #PulseEyewitness & DM or Email: eyewitness@pulse.ng. More information here.