Veteran Nollywood actor, Jide Kosoko has regretted the rate at which piracy is affecting the film industry.
Kosoko emphasized that piracy has significantly impacted the Nigerian movie industry and called for harsher penalties for pirates.
The actor stated that
despite his fame and over 60 years of experience in Nollywood, he can’t consider himself rich by Nigerian standards.
Speaking in a recent interview on The Honest Bunch podcast, Kosoko explained that he is comfortable but it hasn’t led to significant wealth.
He said: “I have been in this (movie) industry for this long. I thank God that I can eat three square meals. But can I claim to be a rich man by Nigerian standards? No.”
He explained: “The punishment in the copyright law for piracy is still not strong enough as far as I am concerned. Somebody who has been pirating people’s works for years is a billionaire, so how much do you want to fine him?
“Fine him N500 million, and he will just bring it out of what he has sold. But if you attach a 20-year jail sentence to it with no option of a fine, people will refrain from piracy,”.
Jide Kosoko began his acting career as a child actor in 1964 in a television production named Makanjuola.
Since then, he has featured in hundreds of Nollywood movies in both English and Yoruba languages.