Jason Njoku is the founder and CEO of Iroko Partners, the
largest digital distributors of Nigerian music and movies, with a
library of ~1600 licensed movies. Mr. Njoku, Iroko Partners, consist
of 5 web brands; iROKOtv, iROKING, iROKtv, NollywoodLove and
YorubaLove. Mr. Njoku is building a modern digital distribution
infrastructure using Amazon Web Services, Ooyala and several video ad
networks, to service the second largest movie industry in the world (by
volume), Nollywood, or Nigerian cinema.
According to reports,
Sarah Lacy, last year Iroko did eight million YouTube streams a month,
with a $1 million revenue run-rate. But since then, his traffic has
soared. In Njoku"s view,
YouTube has become so maniacal about pleasing Hollywood and doing
original, high-level US-centric programming that they just didnt care
about what someone like Iroko was doing.
According to him,"We are not
going to hide who we are", Mr. Njoku."We have 71 people
working for us in a country with 50% unemployment. We did $1.3 million
in revenues last year. We are the largest Internet company in Lagos by
nearly any definition. We want to be Nigerias Netscape moment".
Earlier
this year, Njoku decided to close his YouTube channel that was
generating millions in revenue in an attempt to build something even
bigger. He is in the process of migrating users and content now, so his
YouTube content will still be available for a bit longer.
Mr.
Njoku holds a BSc, Chemistry from The University of Manchester in 2002 ,and Manchester Business School,in 2005.
He can be reached through his website http://www.jason.com.ng/
He can be reached through his website http://www.jason.com.ng/
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