Producers Would Be Given Huge Sum Of Money By Streaming Platforms, But Use 10% To Produce The Movie And Use The Rest To Buy Houses And Cars - Basketmouth Alleges (Video)

Bright Okpocha, the famous Nigerian comedian, who is popularly known as Basketmouth, has alleged that some movie producers receive substantial funding from streaming platforms for high-budget films but spend only 10% of the funds on production, diverting the rest to purchase houses and cars.

This comes amidst reports that NETFLIX has stopped giving Nigerian filmmakers funds to produce original content.

In an interview with Arise TV, Basketmouth said; ‘’There was a lot of money in the movie industry when these streaming platforms came in.

"They gave money to these producers. These producers will take the money, $1.5million or whatever they gave them, they would use about 10% of that money to make the movie. They are listening! They cannot deny it. 

"I cannot call names but you know yourselves''

Watch the video below…