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Digital transformation’ll empower Nollywood for innovation, growth – Expert

Supreme Desk
26 Feb 2024 6:17 PM IST
Digital transformation’ll empower Nollywood for innovation, growth – Expert
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Awe, however, said through collective determination and strategic partnerships, Nollywood could surmount its challenges by leveraging digital solutions to unlock unprecedented growth and prosperity.

Mr. Jide Awe, Chief Executive Officer, Jidaw.com, says embracing digital technologies will help revolutionise Nollywood and the entertainment industry in general for growth and innovation.

Awe said this on Monday during the 5th edition of the Nollywood Economic Outlook in Lagos.

He said harnessing the power of data, AI, and emerging platforms would help the industry reshape storytelling and audience engagement.

“In a rapidly evolving landscape, digital transformation emerges as the catalyst propelling Nollywood into a new era of innovation and growth,” he said.

He noted that with the advent of digital transformation, opportunities abound to enhance creativity, streamline processes, and captivate audiences on a global scale.

He explained that amidst the promise of progress, challenges loomed on the horizon as the journey towards digital transformation was riddled with obstacles, from infrastructure constraints to privacy concerns.

Awe, however, said that through collective determination and strategic partnerships, Nollywood could surmount its challenges by leveraging digital solutions to unlock unprecedented growth and prosperity.

Similarly, Toke Benson-Awoyinka, Lagos State Commissioner for Tourism, Arts, and Culture, lauded the organisers for sustaining engagement in the creative sectors and promoting digital transformation to accelerate the growth of the creative industry.

Represented by Adebukola Agbaminoja, Executive Secretary/Chief Executive Officer, Lagos State Film and Video Censors Board, Awoyinka pledged that the state government would continue to partner with Nollywood in the area of innovation to drive policies.

In his opening remarks, Don-Pedro Aganbi, convener of the event, noted that collaboration, innovation, and the infusion of digital technology were indispensable in the quest to move Nollywood to the next level and ensure it continued to contribute to the nation’s economy.

Supreme News reports that the event highlighted the importance of embracing global best practices, investing in talent and technology, promoting inclusivity, and fostering collaboration across the industry’s value chain.

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