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Movie executive Moses Babatope has founded Nile Media Entertainment Group, an entertainment firm focused on film production, distribution, movie experiences, and talent development.
According to Babatope, Nile will be divided into five subsidiaries: Nile Entertainment, Nile Cinemas, Nile Motion Pictures, Nile Studio Lab, and The Nile Foundation.
He stated that the new business had already obtained the rights to release 31 local and international films.
Babatope left his position as Managing Director of FilmOne Entertainment, a subsidiary of FilmHouse Group, which he co-founded with Kene Okwusa in 2012.
The news of his new business comes three months after he announced his departure from FilmOne.
Producer Biola Sokenu will be the executive director and group COO. Actress Abimbola Craig will serve as vice president of production.
Craig previously headed production at NdaniTV. Former chief marketing officer at Filmhouse Group, Lolu Desalu will join as executive director. PR executive and founder of Robert Taylor Media, Bukky George Taylor, will join as VP of Nile X, the cinema arm.
Nowekere Alexis Segun-Ojo will serve as general manager of distribution and marketing.
With Nile, Babatope told Nollywire that his vision is to lead and participate in the Nigerian film industry with ingenious ideas.
“Our goal is to celebrate African stories and bring them to the global stage in the most spectacular ways.
This is an exciting time for us, and we are happy to reshape the future of African entertainment,” he said.
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