Audio By Carbonatix
Players in the movie industry are upbeat about its prospects.
The venture which was not so profitable has since become a lot more attractive with more investments going into the industry as a whole.
Movie Producer, Socrates Sarfo told Joy FM’s business analysis programme, Business Trends the industry is clearly enjoying a boom.
Chronicling how far the industry has come, Mr Sarfo said he started by taking soft loans from her sister before he could produce but now most of the funds for production are dolled out of his own pocket.
He added artistes are now being paid large sums upfront, rather than making them wait for the movie to be marketed before they will be paid their charges.
He says the business though remains risky can be quite profitable.
Source: Joy Business/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
KiDi brings the hits to London in sold-out UK headline concert
6 minutes -
The last goodbye of Ghanaian shot dead in the US
24 minutes -
MCC opens door to Ghana again as MiDA revives development partnership
34 minutes -
CSIR moves to turn scientific research into jobs, national growth
45 minutes -
More patrons troop in as 3rd Republic Bank-JoyNews Habitat Fair clinic enters final day stretch
52 minutes -
German, Russian foreign ministers hold rare talks amid rising tensions
55 minutes -
Gov’t to develop policy for Ghanaian Sign Language in education
1 hour -
Accra Academy defend ODADEƐ ’90 5-a-side title
2 hours -
Ghana risks EU gas market access over methane emissions – Expert warns
2 hours -
Salt Pond’s $200m warning: Why Ghana cannot afford to exclude Fisheries Commission from future decommissioning
2 hours -
Venezuela frees 39 political prisoners after post-Maduro talks
3 hours -
GoldBod financing model faces test as cedi, reserves come under pressure – Gideon Boako
3 hours -
EU unlocks humanitarian aid for crises worldwide
3 hours -
Tenth woman’s body found as South Africa police probe killings
3 hours -
Black woman found hanging from tree was dead before body was ‘staged’, police say
3 hours