Entertainment

It would not be an overstatement, to claim that Nigeria is endowered with numerous talents and creatives ranging from the fine and applied arts to the creative arts and performing arts such as the movie industry, music industry and other forms of entertainment.

Over the past decade, the entertainment industry has grown tremendously both locally and internationally. The sector, after Agriculture, is the second largest employer in Nigeria, employing more than a million people most especially the Nigerian youths. According to PwC’s Entertainment and Media Outlook Report (2019), there was a projection that the Nigerian entertainment industry would grow from $4.46billion in 2018 to $10.5 billion by the end of 2023.

We cannot go without expressing the informalities associated with the Entertainment Industry such as the unfair contractual arrangements, identity theft, infringement of intellectual property rights, amongst others.

Despite these odds, at Niji Oni & Co, we have witnessed several players within the industry who have shown interest in ascertaining, defining and ensuring that their respective projects establish the rights and obligations necessary for the successful implementation of such projects.

Through this, the Firm has been able to advice on multiple movie and series productions where rights were established and obligations created for all the players involved in the production and directing, casting, screenwriting, and location. The Firm has also been able to advice on the establishment of an agency structure for artistes within the music industry for the purpose of exploration of their rights and collection of royalties.

The growing trend and interests in NFTs have brought about the consciousness of the artist, photographer etc and has begun to expose the Firm to advising on the creativity of artists as the Firm currently advised on the aggregation of artistic work for the purpose of creating multiple ownerships as a way of re-establishing these creativities into stock.