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Khest Media > Actu > Business > Can This Southeast Nigerian Startup Become the Netflix of Documentaries?
Business

Can This Southeast Nigerian Startup Become the Netflix of Documentaries?

Business Elites Africa
Last updated: 01/05/2025
Business Elites Africa Business
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When the world went into lockdown in 2020, one thing surprising took region on our shows. As the traditional sitcoms and superhero reruns grew faded, many viewers began gravitating toward one thing diversified documentaries. The model, long handled as a side dish in the leisure buffet, quietly turned a staple.

Now, from the heart of Aba in southeastern Nigeria, a metropolis once identified for fueling Nollywood’s DVD distribution divulge, a brand current streaming platform is looking out to journey that wave. 

It’s called OptimalVid, and its ambition is both focused and plucky: to design a house purely for documentaries and nonfiction storytelling. Mediate Netflix, but with out the romcoms and reboots.

The platform is rolling out this month with a lean but disruptive mannequin. At actual $2 per thirty days, customers can movement a growing library of documentaries, and here’s the twist: they can pause their subscriptions. 

Life gets unpredictable, in particular in economies admire Nigeria’s the keep disposable income isn’t repeatedly constant. 

So OptimalVid lets customers freeze their thought for about a days at a time, up to 10 days in a 30-day cycle, guaranteeing they most provocative pay for the time they truly look for. It’s a diminutive tweak, but one that shows the startup is taking note of on a day by day foundation realities.

At launch, the announce material lineup acquired’t feature shining blockbusters or buzzworthy originals. As an different, the platform is sourcing royalty-free and freely available documentaries, maintaining prices low and access large. 

Over time, it plans to license more compelling titles by global marketplaces the keep announce material deals are surprisingly realistic, generally as low as $500 for 100 titles a month.

Nevertheless can a platform built round documentaries truly compete in at the present time’s crowded streaming jungle?

The truth is, hurry, if the developments withhold. World recordsdata suggests that the documentary region will not be a particular section on the margins. Projections reward the market doubling in the next decade, and there’s a growing appetite for proper tales over scripted fantasies. Folks desire announce material that teaches, not actual distracts. They must be informed, not actual entertained. That’s the shift OptimalVid is hoping to capitalize on.

Of direction, the motorway forward isn’t at ease. Established avid gamers admire CuriosityStream, Kanopy, and DocuBay already dominate the global documentary scene. On the continent, platforms admire AfriDocs provide access to quality African and worldwide titles free of charge. 

And then there are the giants, Netflix and YouTube the keep documentaries are actual one arm of an empire.

What OptimalVid is banking on is that its simplicity, flexibility, and affordability will charm to a brand current wave of customers, in particular these that with out a doubt feel priced out or overwhelmed by the bigger platforms. 

Its long-timeframe formula is gross: delivery up diminutive, design an target market, raise capital, and in the crash develop or license odd titles to aid viewers coming aid. A $1.5 million seed round is at the second in the works to fund this vision mostly for licensing, tech infrastructure, and a diminutive crew expansion.

Still, constructing from Nigeria has its hurdles. Regardless of its dimension, Nigeria’s streaming market stays diminutive when put next with areas admire South Africa. Reaching customers past local borders will be key to survival. 

That methodology pondering global from day one, actual admire early African streaming pioneers who learned that wider reach often methodology better returns.

Nevertheless for all the challenges, there’s furthermore one thing inspiring about a platform picking to switch deep rather than astronomical. Whereas others jog the next viral hit, OptimalVid is quietly betting on the energy of nonfiction to educate, inspire, and join. 

It’s a mettlesome, a dinky offbeat switch. Nevertheless if there’s one thing else we’ve learned from the streaming wars, it’s that generally the largest winners come from the very doubtlessly not areas.

And presumably, actual presumably the future of documentary streaming will delivery up not in Silicon Valley, but in a tech lab in Aba.

Be taught Extra

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