LAGOS, Nigeria; 18th April 2018
Key drivers of the Nigerian entertainment industry laid out the proper corporate structure, chain of title in film production and the legal framework for intellectual property works in the creative industry at the debut edition of Entertainment Law Connect Conference which held on Thursday, 12th April, 2018 at The Lilygate Hotel, Lekki Phase 1, Lagos.
Themed ‘Law and Business of Entertainment in Nigeria’, the conference was intended as a springboard for experts in the law and entertainment sectors to hold joint conversations that will set the pace for innovative ways of practicing in their respective fields.
Keynote speaker and partner at Olajide Oyewole LLP, Samuel Salako iterated the relevance of the entertainment industry in Nigeria stating that the creative industry accounts for 1.4 percent of the country’s GDP making it viable for investment in the entertainment business. Salako said “current investment trends show that foreign and local investments remain on the increase. In Nigeria, cinemas, movies and music videos are driving heavy revenue while in other parts of the continent, television, radio and the internet are expected to be the largest drivers of growth”.
The conference, divided into four very insightful panels boasted notable speakers like the Afropolitan Vibes founder, Ade Bantu, Iredumare Opeyemi of Transsnet Music Ltd, Fahewinmi Oyinkansola of Technolawgical Partners, Tomilola Sola-Idowu, the Head of Legal at EbonyLifeTV, Mavin Records artistes, Ladipoe and Johnny Drille, and the renowned talent manager, Isioma Osaje of Agency 106 among several others.
Chin Okeke who sat on the Producing Music Festivals and Tours panel with talent manager, Godwin Tom and Dapo Simon Ajeniya offered solutions to the several challenges faced when organising music festivals and tours in Nigeria. The trio further enlightened attendees on the importance of legal documents and advisory services in the business.
Convener, Olayemi Oladapo in his closing remarks reiterated the need for a platform like the Entertainment Law Conference saying “the ELC was borne out of the need to develop the entertainment business and entertainment law practice in Nigeria up to global standards at a time when the creative industry is proving itself to be a major revenue contributor to Nigeria’s flaking economy.”
Panels were moderated by top legal experts including Isioma Idigbe, Head of Media and Entertainment, Punuka Attorneys & Solicitors; Mrs Sumbo Akintola, Partner, Aluko & Oyebode and Abisodun Oyewale, Senior Associate, Olajide & Oyewole LLP.