Click to Skip Ad
Closing in...
"Your Legacy Is More Than a Name" - Watch Michael B. Jordan in First Trailer for 'Creed' "Your Legacy Is More Than a Name" - Watch Michael B. Jordan in First Trailer for 'Creed' 'Extant' Returns to CBS 7/1. Get Caught Up w/ This 1-Minute Recap + Read What Critics Are Saying 'Extant' Returns to CBS 7/1. Get Caught Up w/ This 1-Minute Recap + Read What Critics Are Saying Today, 26 Years Ago, 'Do The Right Thing' Opened in Theaters. Watch the Cast & Crew Reunite Today, 26 Years Ago, 'Do The Right Thing' Opened in Theaters. Watch the Cast & Crew Reunite Chiwetel Ejiofor, Nicole Kidman & Julia Roberts Seek Justice in First Trailer for 'Secret in Their Eyes' Remake Chiwetel Ejiofor, Nicole Kidman & Julia Roberts Seek Justice in First Trailer for 'Secret in Their Eyes' Remake Issa Rae's HBO-Bound 'Awkward Black Girl'-esque Comedy Gets a Director Issa Rae's HBO-Bound 'Awkward Black Girl'-esque Comedy Gets a Director Watch Trailer for Fascinating New Documentary About Black Men and Chess - ‘Sideline’ Watch Trailer for Fascinating New Documentary About Black Men and Chess - ‘Sideline’ The Irresponsibility of 'What Happened, Miss Simone?' The Irresponsibility of 'What Happened, Miss Simone?' Full List of BET AWARDS Winners (Taraji P. Henson & Terrence Howard Take Actor Nods) Full List of BET AWARDS Winners (Taraji P. Henson & Terrence Howard Take Actor Nods) Zadie Smith Will Make Her Feature Screenwriting Debut, Teaming up w/ Claire Denis for Sci-Fi Project Zadie Smith Will Make Her Feature Screenwriting Debut, Teaming up w/ Claire Denis for Sci-Fi Project Review: Arriving on Netflix TODAY, Definitive Nina Simone Documentary, 'What Happened, Miss Simone' Review: Arriving on Netflix TODAY, Definitive Nina Simone Documentary, 'What Happened, Miss Simone' Haiti and the Dominican Republic - A Conflict Captured on Film Haiti and the Dominican Republic - A Conflict Captured on Film A Muscle-Bound Michael B. Jordan Hitting a Speed Bag w/ Stallone's Encouragement in Pic from 'Creed' A Muscle-Bound Michael B. Jordan Hitting a Speed Bag w/ Stallone's Encouragement in Pic from 'Creed' Apparently, Many of You Aren't Pleased With the "All-New" 'Single Ladies'... What's Going on? Apparently, Many of You Aren't Pleased With the "All-New" 'Single Ladies'... What's Going on? Starz Announces Return Date for Original Series 'Power' + New Key Art + Trailer Starz Announces Return Date for Original Series 'Power' + New Key Art + Trailer Why Was Janet Hubert (Aunt Viv) Really Replaced on 'Fresh Prince of Bel-Air'? Buzzfeed Investigates Why Was Janet Hubert (Aunt Viv) Really Replaced on 'Fresh Prince of Bel-Air'? Buzzfeed Investigates Why Aren’t We Talking About the Sexual Assault in 'Beyond the Lights'? Why Aren’t We Talking About the Sexual Assault in 'Beyond the Lights'? 'Supremacy' Director Deon Taylor Talks Race, Horror, and Working With Lela Rochon (LAFF Premiere) 'Supremacy' Director Deon Taylor Talks Race, Horror, and Working With Lela Rochon (LAFF Premiere) Aaron McGruder Finally Explains Why He Left 'The Boondocks' Aaron McGruder Finally Explains Why He Left 'The Boondocks' Netflix Explains Why It Doesn't Always Have That Film Or TV Show You Really Want To See (Video) Netflix Explains Why It Doesn't Always Have That Film Or TV Show You Really Want To See (Video) Tichina Arnold Says She Talked To Martin Lawrence About Doing A 'Martin' Movie... Tichina Arnold Says She Talked To Martin Lawrence About Doing A 'Martin' Movie...

iROKOtv Founder Jason Njoku Explains How & Why He Created The So-Called "Netflix Of Africa"

Shadow and Act By Emmanuel Akitobi | Shadow and Act July 6, 2012 at 9:14AM

Speaking with CNN's Marketplace Africa, Nigerian-Brit entrepreneur Jason Njoku reveals the circumstances that led to him securing $8 million in funding from U.S.-based hedge fund Tiger Global, for iROKO Partners, an internet film-subscription service that exclusively provides Nollywood film and music content to thousands of customers worldwide.
1
Njoku

Speaking with CNN's Marketplace Africa, Nigerian-Brit entrepreneur Jason Njoku reveals the circumstances that led to him securing $8 million in funding from U.S.-based hedge fund Tiger Global, for iROKO Partners, an internet film-subscription service that exclusively provides Nollywood film and music content to thousands of customers worldwide.

His company is being called "the Netflix of Africa"; a title he doesn't seem ready to claim.  But his iROKO Partners website claims that their 5 web brands (iROKOtv, iROKING, iROKtv, NollywoodLove and YorubaLove) "attract 2.7 million unique visitors monthly from 178 countries".  iROKO has offices in London, New York and Lagos, and a staff of over 100.

Needless to say, Njoku is balling kinda heavy these days.

But business wasn't always this good for Njoku.  Continue reading HERE to learn how Njoku went from a broke 29 year-old college graduate living with his mother, to revolutionizing how Nollywood addicts get their fix.

This article is related to: iROKO


Shadow & ActNewsletter