A France-based company, Canal+ has acquired Nigerian channel operator and studio “ROK” to further its expansion into Africa and also bolster its operations across the continent.
The channel was founded in 2010 by actor and producer Mary Njoku under parent company IROKO and has since produced 25 original TV series and 540 movies while also operating four linear networks.
With the acquisition of ROK, Canal+ aims to develop and enhance the catalog of Nollywood content and expand the channel brand beyond the African continent.
Also, it wants to ensure that ROK will produce more hours of Nollywood content.
As part of the acquisition deal, the Vivendi backed company is also getting the database of over 2,000 hours of content while ROK will continue to create content for IROKOtv and ROK’s four existing channels.
Quoting the Founder and DG ROK productions, Mary Njoku:
“ROK has captured the imagination of millions of movie fans, and they have truly supported us as we’ve grown the company to celebrate and enjoy our African culture. I’m excited to be taking our platform on the next stage of its journey with CANAL+ Group, who share our passion for creating original content, supporting new talent and together, we have ambitious plans for the future.”
The Chief Content Officer at Canal+, Fabrice Faux noted that Mary Njoku would be staying on as the director-general of ROK productions where she will continue to maintain substantive shares in the company.
Faux added that the company will provide administrative support, finance, and equipment, but otherwise, we intend to give Mary maximum autonomy and creative freedom.