Broadcasting
NYCN Calls Out ICPC for Persecuting NBC, Others
National Youth Council of Nigeria (NYCN) has advised the Independent Corrupt Practices Commission (ICPC) to discontinue forthwith the jamboree prosecution and persecution of Mr Lucky Omoluwa, chairman of Pinnacle Communications; Dr Moddibbo Kawu, director general, National Broadcasting Commission (NBC) and others.
NYCN said it was concerned about the way and manner the ICPC has unilaterally turned itself into a cog in the wheel of progress towards a regime of digital broadcasting in Nigeria.
Rising from its recent emergency meeting today in Abuja, NYCN said was rather curious that at a time the government of the day, under the leadership of President Muhammadu Buhari is working assiduously and investing huge sums of money to make the Nigerian economy sufficiently diversified to engage our teeming unemployed youth in productive endeavors.
According to the group, the digital Switch Over (DSO) is one such programme that the government made a priority from very early in its first tenure, due to the capacity of the broadcasting industry to provide employment for our populace over the long-term.
In a statement by Amb Akoshile Muktar and Comr Adedamola Olugbode, national publicity secretary and vice president respectively, the group said “It is rather curious that an agency of government would be working at cross purposes to the stated objective of the government, against the greater good of the Nigerian people”
“We wish to put on record the unflinching support of the NYCN for the programmes of the federal government anchored on the war against corruption, with a view to building a more resilient economy that will have the capacity to keep our youth busy and away from crime and violence that has become the order of the day in our country today. Curiously the matter under discussion, being the ongoing prosecution of the Director General of the National Broadcasting Commission (NBC) and the Chairman of Pinnacle Communications Limited, over an alleged diversion of funds.” They added.
They also said that “It is worrying that organization of the ICPC’s stature would reduce itself to posturing as though it were carrying out a hatchet job for vested interests, through the visible gaps in the arguments it has made to the public on the subject matter.
“That the ICPC chose to go to the media to conduct a showy trial even before approaching a competent court is the first case in point that buttresses our position.
“That the ICPC would announce to the nation that the Minister of Information, who had given approval for the money to be disbursed to Pinnacle Communications, would be serving as prosecution witness because he signed the approval in error would be laughable if scarce government resources weren’t being expended on this exercise, not to talk of the cost to the nation in investments from the DSO being stalled”
Broadcasting
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EFCC Arik
Nigerian Institute of Public Relations (NIPR) has announced the postponement of its maiden annual Public Relations, Reputation, Ideas, Concepts and Excellence (PRICE) Awards and Prizes to January 25, 2026.
NIPR
The event, earlier scheduled for December 7, 2025, was deferred to accommodate stakeholders whose observance of Christmas festivities had commenced earlier than expected.
Chairman of the Organising Committee, Mr. Israel Opayemi, urged stakeholders to note the new date and prepare to participate in the ceremony.
He said the awards would motivate professionals, practitioners and scholars, while enhancing Nigeria’s global competitiveness in the public relations ecosystem and strengthening brand equity for all stakeholders.
Opayemi reaffirmed the Committee’s commitment to delivering a best-in-class award administration and ceremony, describing the PRICE Awards as a credible and enduring platform to identify, celebrate and elevate outstanding individuals, campaigns and organisations shaping the public relations landscape across sectors.
The development of the PRICE Awards peaked in September 2025 when the NIPR President and Chairman, Council, Dr. Ike Neliaku, inaugurated a 12-man committee to organise the maiden edition. The inauguration followed the Council’s adoption of the report of a technical team tasked with establishing the awards.
Netflix has announced a landmark agreement to acquire Warner Bros. and HBO Max in a transaction valued at $82.7 billion, a move analysts say will reshape the global entertainment industry.
Netflix
The deal, which includes Warner Bros.’ film and television studios, HBO, HBO Max, and Warner Bros. Games, was unanimously approved by the boards of both companies. Under the terms, Warner Bros. Discovery (WBD) shareholders will receive $23.25 in cash and $4.50 in Netflix shares for each WBD share.
Netflix co-CEO Ted Sarandos described the acquisition as “a defining moment” for the streaming giant, noting that the company intends to maintain Warner Bros.’ current operations while expanding its production capacity.
“By combining Warner Bros.’ incredible library of shows and movies with Netflix’s culture-defining titles, we can give audiences more of what they love and help define the next century of storytelling,” Sarandos said.
The transaction is expected to close within 12 to 18 months, following the planned spin-off of WBD’s TV networks division, Discovery Global, in 2026. Netflix projects annual cost savings of $2–3 billion by the third year after completion and expects the deal to be accretive to earnings per share by year two.
Industry groups, including the Directors Guild of America and Cinema United, have raised concerns about the impact on movie theaters, while regulators are expected to scrutinize the deal over antitrust issues. Netflix has pledged to continue supporting theatrical releases, with Warner Bros.’ cinema commitments running through 2029.
Warner Bros. Discovery CEO David Zaslav hailed the agreement, saying it “combines two of the greatest storytelling companies in the world to bring to even more people the entertainment they love.”
Observers note that the acquisition comes 15 years after former Time Warner chief Jeff Bewkes dismissed Netflix as “the Albanian army,” underscoring the dramatic shift in the entertainment landscape.
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