Controversial film producer and director Socrates Sarfo has claimed that he contributed to the demise of the Ghana movie industry.
It is evident that the Ghana movie industry has seen a drastic decline in profit margins over the years.
Speaking on Accra based Hitz FM the popular producer said:
“We gave a film like Ghost tears to GBC and they gave us advert to advertise our new movie. Instead of going to pay for it, we thought it was cheaper for us, we were so smart that we are outsmarting the TV stations, so they will give us advert and give us money and advertise our new movie, that was what we did and everybody jumped on it and what happened? the TV stations started owning the films”.
He added that producers “used to sell 100,000 copies in the market and today they are not able to sell 5,000 copies.”
He however stated that they had learnt their lessons and wished the young producers would listen to advice.
Socrates Sarfo is currently a board member of the Zylofon Arts Fund. Zylofon Arts Fund (ZAF), is a subsidiary of Zylofon Media.