iROKOtv is Making More Money than All the Cinemas in Nigeria

The "Netflix of Africa", iROKOtv's annual revenues are estimated at over US$4,200,000. That is more than the annual revenues #Nollywood movies make from the cinemas.

For an unbelievable flat fee of $5, subscribers have access to any movie of their choice for a whole month! Crazy! It’s no wonder why 500,000 subscribers (and counting) jumped on the offer. It’s great value for money and you can watch all the movies you want, when you want.

To sum this up, at the current size of the subscriber base, Iroko TV should be making an average of $2 million every month from subscriptions alone.

Money maker #1 – Advertisements
The Iroko TV website is visited up to 10 million times every month by more than 500,000 unique visitors from over 100 countries. Huge does not begin to define how huge this traffic is in website terms!

Iroko TV – How this internet business makes millions by bringing African movies to the world - Smallstarter Africa
Our estimates put IrokoTV’s monthly revenues at over US$350,000.

http://www.smallstarter.com/get-inspired/iroko-tv/.

iROKOtv is the world's largest online catalogue of Nollywood movies, with over 10000 hours of incredible movie and TV content with an estimated 1 million subscribers in over 78 countries in the world.

Nigeria is the most mobilised internet country in the world at 76%, followed by India at 65%. Majority of the over 105 million users of mobile phones in Nigeria are shopping and viewing videos online and iROKOtv is now offering data free downloads of movies at very affordable prices.