By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Font ResizerAa
Okay NewsOkay News
Search
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
Entertainment

The Wedding Party 2 Rakes N200m Profit Since Release

Farouk Mohammed
By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
Published: 2018/02/01
3 Min Read
Share
SHARE

‘The Wedding Party 2-Destination Dubai’ cost N300 million to make, says one of the movie’s producers.

The WP2 released on December 15, has raked in over N500 million within the six weeks of its release in cinemas, making it the highest-grossing Nollywood film ever.

Kene Mkparu, the managing director of FilmOne Distribution Company, one of the producers of the movie, disclosed this on Wednesday in an interview with NAN.

“Wedding Party 1, cost us over N150 million to make, plus publicity, and the Part 2 cost us N300 million,” he said.

“We believe you have to spend money to make money, and if you can show from your business plan how you would recoup this money, the banks are willing to give you.”

Mkparu further explained that that partnership with relevant stakeholders, especially in tourism, in Dubai added colour to the glitz and glamour of the WP2.

He therefore urged relevant stakeholders in the Nigerian tourism and the filmmaking sector to initiate such partnership for the growth of the industries.

“We pay for some few locations and then entered into partnership with Dubai Tourism, which made available a lot of tourism facilities and hotels in Dubai for us,” he said.

“We could shut any where we wanted, as long as the script said so, and we lived in top hotels in Dubai. Filmaking is not just for entertainment but to promote and develop tourism as well.”

According to Mkparu, the Wedding Party project has positively changed the narratives of the Nigerian movie industry both within and outside the country.

“The Wedding Party 2 has generated over N500 million as at today and is now in cinemas across different countries, including England, and Holland and some French-speaking African countries,” he said.

“The idea of the film is to show that it is possible in Nigeria today to create a movie that can entertain, sell and make money.

“We wanted to prove that it is possible to make money from all the value chains in the industry, even in the midst of piracy threats.

“The producers looked at what the audience enjoys in cinemas, and we created a script of a topical issue that people can identify with and have fun identifying with those things.”

Mkparu explained that although the movie was raking in huge returns for its investors, it was highly capital intensive.

He urged filmmakers to develop good scripts as business plans to attract financiers, as adequate funding was critical to making sellable movies.

TAGGED:The Wedding Party 2
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
Previous Article Buhari Hails Super Eagles For Defeating Sudan and Qualifying for 2018 CHAN Final
Next Article NPFL: Akwa United Sign Sponsorship Deal with Dana Air

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow

You Might Also Like

GistSport

Sunday Oliseh Responds to Social Media Backlash Following AFCON Commentary Debut

By
Adamu Abubakar Isa
2 Min Read
CelebritiesCrime

Former ‘Lion King’ Star Imani Smith Stabbed to Death, Boyfriend Arrested

By
Adamu Abubakar Isa
2 Min Read
GistSport

Zidane Gets Hero’s Welcome From Fans as He Watches Son Play

By
Adamu Abubakar Isa
1 Min Read
Okay NewsOkay News
Follow US
2025 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up