Netflix looking for next Black Panther with Queen Sono drop
The film industry often just referred to as Hollywood is accused of bias towards movies about women and minority groups. There is the assumption that audiences stick to their lanes and only women would watch a brilliant movie like 'Little Women'; Greta Gerwig's adaption of Louisa May Alcott's novel and only Black people would enjoy the superhero movie 'Black Panther' about a technologically advanced kingdom in Central Africa that was never colonised by any Western power. Both of these movies proved how wrong these perceptions are and Hollywood and all other film makers are waking up to the fact that "diversity movies can become" box office successes. 'Little Women' grossed $165m by the end of February 2020 making it "an unmitigated smash" according to Forbes. Black Panther tanked the box office success of the Titanic with box office takings surpassing $1bn. There is clearly a market for films like these and Netflix is now targeting Africa for growth or "diving all in when it comes to Africa" as Kenyan producer Dorothy Ghettuba told Bloomberg. Netflix plans to find the kingdom of Wakanda is good news for Alec Hogg's Biznews global portfolio that includes Netflix. – Linda van Tilburg
Netflix sees Africa spy drama as key to unlock continent growth
By Loni Prinsloo and Roxanne Henderson
(Bloomberg) – Netflix sees the opening of new crime-drama series Queen Sono as the first of many original African TV series that will win the US giant a bigger slice of a market still dominated by satellite TV.
The tale of a South African secret agent seeking to uncover the truth behind the death of her freedom-fighter mother will be followed by a Zambian animation series, a Cape Town-set mystery-thriller and an as-yet-untitled Nigerian production. They've all been commissioned by Dorothy Ghettuba, a Kenyan producer hired by Netflix last year to seek out content from the continent of more than 1 billion people.
"We are diving all in when it comes to Africa – we are not just dipping our toes," Ghettuba said in an interview in Johannesburg ahead of a glitzy premiere to mark the launch of Queen Sono a week ago. "Africans like to see themselves on screen, and Africa has a big population that wants to see their stories represented."
While Netflix already provides financing for locally produced content in other parts of the world, it's been slower to target Africa. The continent is only just getting the internet speeds and affordable data prices needed to convince viewers to switch from traditional television at a rate that makes the investment viable. Revenue generated by African subscription video-on-demand services was $183m last year, yet is expected to increase sevenfold to more than $1 billion by 2025, according to a report by Digital TV Research.
Netflix's chief rival is Showmax, owned by South African pay-TV giant MultiChoice Group Ltd, while Amazon.com Inc. has a small presence in the region, the report shows. Disney+ is expected to launch in Africa in 2022.
The potential market for series starring African characters was hinted at by the success of the movie Black Panther, made by Walt Disney Co.'s Marvel Studios, which broke box office records across the continent after its release two years ago, according to entertainment news site Deadline.
Showmax already produces as many as 5,000 hours of local African content every year, which it uses to attract customers, and is available as a standalone product or as a benefit of subscribing to MultiChoice's premium TV packages.
"The volume of local content watched over the last eight months is up something like 40%, so we've seen a real impact," said Niclas Ekdahl, chief executive officer of MultiChoice's Connected Video division, which oversees Showmax.