Company:Northflix

From HandWiki
Northflix
Northflix.jpg
Type of businessPublic
FoundedMay 8, 2019; 5 years ago (2019-05-08) in Kano State, Nigeria
HeadquartersKano State, Nigeria
Area servedWorldwide
Founder(s)Jamilu Abdussalam
Key people
  • Jamilu Abdussalam (Chairman, CEO)
  • Aliyu Mohammed Lawal (CTO)
IndustryEntertainment
Products
  • Streaming media
  • video on demand
Websitenorthflix.ng
RegistrationRequired

Northflix is a Nigerian media-services provider. It was founded in 2019 by Jamilu Abdussalam[1][2] in Kano State, Nigeria. Northflix emulates the video streaming service of Netflix. It allows online streaming of films and television programs. The platform is created for and by Hausa film industry Kannywood. It provides a direct-to-consumer approach in delivery of quality content to Hausa movie lovers worldwide. Northflix is intended to help the industry battle the long-standing issues of piracy, and depletion of revenues of the government and income returns to the movie producers.[3] At the same time, Northflix hopes to boost the popularity of Hausa movies in the global market.[4]

Industry challenges

The major challenges facing the Kannywood industry are poor distribution and piracy. The moment a film becomes popular, pirated copies appear. The pirated copies are converted into digital form and made easily accessible to viewers via their phones.[5][6] These problems reduce the revenues to the movie's producers.[7]

Membership fee

Northflix has a three-day subscription concept, where subscribers rent a movie for a flat-rate of ₦300 for three days only.[8] The subscription fee is paid via ATM card with naira or dollars, or via mobile transfer to a designated account.[9]

Ownership

Northflix shares are held by institutional investors, including Norrrenberger Financial Group[10] and Hot Lead Management Consult Limited.

References

  1. Ramalan, Ibrahim (27 May 2019). "Online App for watching Kannywood films launched in Kano". https://dailynigerian.com/online-app-for-watching-kannywood-films-launched-in-kano/. Retrieved 21 June 2019. 
  2. Dawud, Nazifi (18 May 2019). "Northflix: Kannywood launches online movie app to fight piracy". https://dailyfocus.ng/northflix-kannywood-launches-online-movie-app-to-fight-piracy/. Retrieved 21 June 2019. 
  3. "Northflix: Kannywood launches online app to check piracy, increase revenue". primetimes. 19 May 2019. https://primetimenews.ng/northflix-kannywood-launches-online-app-to-check-piracy-increase-revenue/. Retrieved 21 June 2019. 
  4. Ngbokai, Richard P. (19 May 2019). "Kannywood launches Northflix to curb film piracy". https://www.dailytrust.com.ng/kannywood-launches-northflix-to-curb-film-piracy.html. Retrieved 21 June 2019. 
  5. "Can Northflix Solve The Film Piracy Problem In Nigeria?". African Vibes. 31 May 2019. https://www.africanvibes.com/can-northflix-solve-the-film-piracy-problem-in-nigeria/. Retrieved 21 June 2019. 
  6. Lere, Muhammad (9 June 2018). "How piracy is slowly crippling Kannywood -- Producer". https://www.premiumtimesng.com/entertainment/kannywood/271702-how-piracy-is-slowly-crippling-kannywood-producer.html. Retrieved 21 June 2019. 
  7. Lere, Muhammad (5 June 2015). "Kannywood producers, promoters blame piracy for decline in movies production - Premium Times Nigeria". https://www.premiumtimesng.com/entertainment/184388-kannywood-producers-promoters-blame-piracy-for-decline-in-movies-production.html. Retrieved 21 June 2019. 
  8. primetimenews (2019-06-16). "As NorthFlix debuts, it gets 3000 subscribers in less than a week" (in en-US). https://primetimenews.ng/as-northflix-debuts-it-gets-3000-subscribers-in-less-than-a-week/. 
  9. "NorthFlix co-founder gives insight as Hausa movie app debuts on Google Play Store, iOS, others". Planitum Post. 16 June 2019. https://platinumpost.ng/2019/06/16/northflix-co-founder-gives-insight-as-hausa-movie-app-debuts-on-google-play-store-ios-others/. Retrieved 21 June 2019. 
  10. Victor Obaya, Osa. "With venture funding from the norrinberger financial group". Business Day. https://businessday.ng/events/article/kannywood-launches-video-streaming-service-northflix/. Retrieved 21 June 2019.