...Filmmakers demand IP reforms Pirates are smiling to the bank while filmmakers suffer heavy losses. Over the years, several producers have lost billions of naira to piracy and theft of intellectual property, often watching their investments evaporate soon after production. A 2007 study by a UK-based Agape Solicitors estimated Nollywood’s international piracy losses at N120 billion. Though some figures are lower, filmmakers say piracy drains billions of naira from the industry, forcing businesses to close
...Filmmakers demand IP reforms Pirates are smiling to the bank while filmmakers suffer heavy losses. Over the years, several producers have lost billions of naira to piracy and theft of intellectual property, often watching their investments evaporate soon after production. A 2007 study by a UK-based Agape Solicitors estimated Nollywood’s international piracy losses at N120 billion. Though some figures are lower, filmmakers say piracy drains billions of naira from the industry, forcing businesses to close