How To Start A Successful Film Production Business In Nigeria

Lots of persons want to become a Nollywood producer. This is a lofty dream worth pursuing. Nollywood is the accepted moniker for the vast and money-spinning Nigerian film industry. It is Hollywood in America and Bollywood in India. Nollywood makes tons of movies annually, worth millions of naira. It is a large industry populated by actors, actresses, producers, directors, directors of photography, marketers, business promoters, and the likes.

What Does a Movie Producer Do?

As a movie producer, your primary responsibility is to manage the financial and business aspects of a film, which includes tasks such as obtaining funding, negotiating contracts, and staying within a budget. Any major changes to a project must be run past the producer before going forward, and they may work closely with the director regarding the hiring and script selection process. Producers are also in charge of raising funds for a project in the early stages and need to have a strong sense of business as well as creative direction. A large production may have different kinds of producers, such as line producers, assistant producers or associate producers, who fulfill different roles in the production while communicating closely with one another.

Nollywood is one of the booming industries in Nigeria and is rapidly penetrating the global space. If you are thinking of investing in a billion-dollar industry, the film production business is an excellent choice.

You cannot work as a loner in film production business. One of the best ways to network and meet people in Nollywood industry is to attend industry events, premieres of movies, parties, conferences, conventions, movie sets, etc.

A career in Nollywood is noble and could be highly rewarding. The industry has made millionaires of ordinary people, most of whom came from humble backgrounds and were forced to brave all odds to reach the pinnacle of success. If they could make it through the hurdles, you definitely can

The producer gets a project off the ground and oversees it, from the creative process to distribution and release. For example, during production, producers can function as the boss on set, making sure prior decisions are carried out and helping avoid costly mistakes. When a shoot wraps, the producer moves into postproduction, overseeing everything from the initial rough cut to the final. They also oversee test screenings and any changes that need to be made as a result. With a finished product in hand, the producer then turns to marketing the film.

How much do producers make?

Producers can make anywhere from N1M to 50M naira or more—and producers who work on big-budget studio films can make much, much more, particularly if they work on more than one project each year. It is an occupation that comes with immense creative satisfaction and the potential for substantial financial rewards for those who are successful in their craft. The world of film production is one of dynamic unpredictability, and while it may be a difficult industry to break into, the monetary benefits can be highly rewarding for those who make their mark.

The film industry is a dynamic, fast-paced world that is continuously evolving with changes in technology, audience preferences, and media consumption patterns. Understanding the job outlook for film producers requires a close look at these elements, and more, to provide a comprehensive perspective.

Having a good network in Nollywood will make your work way easier. Also, you can approach one of the movie directors you admire to become your mentor in your journey. Becoming a mentee to an established director will most likely give you access to their network.

Film production business has become a mega business in a multi billion dollar industry. Over the past few decades, Nollywood has become a source of profit for actors and Nigerian film producers. This phenomenon has had global impact, since many Nigerian films are released in just weeks or in some cases, days. Since the inception of the AMAA premiere (African Movie Academy Award), some movies has even opened worldwide on the same date.

The international market is a growing and very vibrant place, so when we make movies, we view it as a global opportunity.” Now more than ever, what happens in Nollywood affects the entertainment industry worldwide.

Many movies must take in more than 5 to 10 million naira and above just to cover production and marketing costs.

You could be walking on the road and see a scenario that fits into an idea you newly conceived. The story may either be fictitious or based on real life events. So, a film producer has to always go out with his pen and diary. As mentioned earlier, watch lots of movies and read other people’s script. By doing so, you will discover a better way to pen down your ideas. These written ideas are also called script or screenplay. Don’t be afraid to edit your script as many times as possible. After a thorough editing process, the final version of the script is called shooting scripts. The shooting script comprises of the description of each character in the movie, the dialogue, technical details, and so on. 

Additionally, you can purchase a screenplay from a scriptwriter and produce it. On the other hand, you can write a script and sell it to a film producer to produce, whichever works for you. Another thing to bear in mind while writing a story is that not all stories are appealing to your target audience. Hence, carry out a proper research before you produce a film nobody will buy.

Audition your casts and crews. Getting your team together is one of the decisions you cannot be biased or careless with. So, ensure to take your time to select the right set of people. When selecting crews, pick people with proven expertise and experience. Preferably, let them show you the past works they’ve done. Don’t also forget that your casts are one of the factors that will draw your prospective customers.

also consider using top-name stars as this may catch the interest of a potential investor. As the cost of producing a movie is high, you may need the support of investors. Also, considering the fact that many people purchase a film because of their love for the main actor or actress.

Therefore, having an A-list actor in your film will be a step in the right direction. A compelling story and a good cast will help you gain the interest of an investor.

Note that film production can be time-consuming, tedious, and very expensive. As a matter of fact, a single mistake could cost you thousands or millions of naira. To produce a film, there are several costs involved: the costs of transporting actors and crew members to remote locations, the cost of equipment, etc. Bear in mind that the first set of people who should arrive in a set are the lighting crew, hairdressers, and makeup artists. This is imperative to avoid unnecessary waste of time.

Therefore, before releasing the movie to the theater, come up with a series of trailers that answer the questions in the heart of your would-be viewers. If your trailers interest them, be rest assured they’ll show up to watch your film once it hits the theatre.

Typically, there are two dimensions to a career in Nollywood – in front of the camera and behind the camera. Being in front of the camera entails becoming an actor or an actress. On the other hand, if you are a crew member or in the business of film promotion and marketing, then you belong behind the camera. That is to say, you do all the dirty job in the background, setting the stage for the actors/actresses to shine. 

Utilise The Internet And Social Media; This is one of the best ways to build your target audience. Make the film your cover image and profile picture across your social media handles. Additionally, run a sponsored ad for your trailers via social media for a broader awareness creation. Also, you could create a personal website for your film production business and promote your films through the site. Building a website nowadays is easier than before. With WordPress, Squarespace, or Wix, you can get a website running in no time. For social media, consider making good use of Facebook, Instagram, Twitter, Vine, YouTube, and Tumblr.

Stay adaptable and open to learning. The film industry is constantly evolving, and a good producer needs to evolve with it. Keep your finger on the pulse of new technologies, platforms, and audience preferences. Be ready to wear different hats – you might find yourself being not just a producer, but also a negotiator, a problem-solver, a cheerleader, and a visionary.

Finally, never lose sight of why you wanted to become a movie producer. Whether it’s to tell stories that change the world, to entertain, or to fulfill a lifelong dream, let that passion guide you through the challenges and triumphs that lie ahead.

As you take your first steps into the world of film production or continue to carve your path, remember that every epic movie started with a single frame. Your journey is your own epic, and each step you take is building towards a crescendo.

Get our power packwd information on Movie production, It contains what must be considered before a single camera can roll and more comprehensive understanding of the logistic involve to deliver a finished picture. DO YOU HAVE A STORY ?. Our in house movie producer and directors are ready to help you to put your new story to the screen and you can make money even as a new producer. This basic guide will equip you with the knowledge and information you need to set up a lucrative movie production business. It’s a special invitation to Multi billion naira movie industry.

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