| Q:
How do I invest in the Nigerian Film Fund?
Register your interest on the
Home page and give us an indication of how much you would be willing
to invest. Once we have established the level of interest we will contact
you again and formal subscription will start.
Q: I am a producer how
can I contribute?
Contact us and leave your details
on the Contact site. We will get back to you and discuss the details.
Q: I am a writer and would
like to send you a script. Where do I send it to?
Please do not send any scripts.
You can copy and paste your story synopsis in the contact form. If we
like it we will ask for your script.
Q: I have other skills/
experience and would like to contact you.
Just use the contact form. We
are always interested in hearing your ideas.
Q: What is the legal structure
of your company?
The company has been set set
up as a UK registered limited company based on shares. One half of the
company is controlled by the directors, the other half belongs to the
investors. The company registration number with Company House in the
UK is 06707434. The company is registered as Nigerian Film Fund Ltd.
The registered address for the
company is:
NIGERIAN FILM FUND
Ltd
2ND FLOOR
145-157 ST JOHN STREET
LONDON
EC1V 4PY
Q: Why are you so confident
you will be successful?
You cannot lack confidence and
then want to start up a business. We are limiting the risk of production
failure by producing a portfolio of up to 4 films a year. We carefully
select scripts and test trailers on YouTube. We will shoot all films
in HD or perhaps 16 mm using good camera, sound, lighting and editing
techniques. We realise the importance of good post production techniques
and the value that marketing can provide. We are specifically targeting
the international market and the Nigerian expat community in the US/
Britain and elsewhere.
Q: Have you got a business
plan?
Yes we do but is still in the
making and constantly being developed. Much of what you see here is
a reflection of this process. It is essentially work in progress. There
will be a formal business plan for download in the near future.
Q: How does an investor
benefit from the company?
Profits are paid out as dividends
or re-invested into film productions.
Q: Will you ever list on
the stockmarket?
There is no intention to do this
at this point but if we were we would choose the shell company route
over the more expensive IPO route.
Q: Are you not worried
someone might steal your ideas?
Well, everyone could copy McDonalds
and see what they became. Whoever wants to copy us is free to do so
but will lack behind. We are constantly developing new ideas. It would
be far better to join us instead. Besides, the Nigerian movie market
is massive. Competitors and copycats are not really our main worry.
Q: How do you improve productions
standards?
All our films are shot on high-quality
high definition camera equipment or 16 mm. We pay much attention to
good pre-and post production techniques. We combine good production
standards with the zero/ low budget philosophy.
Q: How do you select your
scripts?
We favour good story lines and
interesting characters and a good narrative structure that translates
easily into the language of film. We try to avoid expensive sets and
rather prefer human interaction. We do like comedy since it is pure
entertainment.. Yet, it is still possible to shoot an action film on
a low budget if necessary. We also look at what films are popular in
Nigeria and elsewhere and try to improve on this or perhaps distill
a trend from it. Most importantly, we are open-minded and even go against
the trend if we think the script is worth it. At the end of the day
script selection and possibly modification is almost as much a creative
process as writing a script and there is no magical sucess formula.
Q: Where will you shoot
your films?
We will shoot films in the UK
with Nigerians living in the UK and we, of course, also shoot films
in Nigeria. To satisfy UK tax credit purposes there is a need to shoot
a signficant amount in the UK and use a cast that in part is resident
in the UK.
Q: Are you a fund or a
production company?
A bit of both really. We prefer
a hands-on approach and don't just want to sit back and hope that others
can achieve the goals for us which we have set out to achieve. We love
cinema and will produce and direct films. However, we will also work
with other producers and invest in exciting ideas but they must adhere
to very high production standards and we may take on a counsulting role
in such situations.
Q: How many productions
a year are planned?
Up to 4. Higher production standards
mandate this.
Q: Are you worried about
piracy?
This is a a very good issue but
one that bedevils the whole industry accross the globe. We do not think
digital rights management is likely to offer the definitive answer and
believe that some degree of piracy will always be with us as an unavoidable
evil. We are very watchful of our distribution channels as much of piracy
in Nigeria is encouraged by ineffective and disorganised distribution.
We are still looking into the best way of distributing movies. We like
direct distribution and subscription services which offer better control.
It is important to be ahead of the pirates and get films quickly marketed
and distributed. It is also important to be flexible with the pricing
structure to make piracy less attractive. We aim to instill a sense
among viewers that a genuine product is always worth more than the fake
product.
Q: How do I know this is
not another Nigerian scam?
If this was a scam you would
already have been asked for some kind of payment. Once subscription
commences there will be a formal subscription process and a business
plan informing you of the risks. All payments will be processed through
a reputable UK bank or its Nigerian subsidiary.
If you believe someone else is
using our name or has set up a dodgy copycat project for a scam contact
us immediately and inform the authorities.
In view of recent misrepresentations
in the Nigerian media we would like to categorically state that we are
in no way associated with the Nigerian government or any of its bodies
or organs. We are a private enterprise with the aim of rising funds
from private investors to produce films of very high standards for the
international film market.
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