The Nollywood streaming service that raised from Tiger Global and Canal+, sold its studio, left the naira, and no longer answers on its own domain
Nothing on 10 November 2026 shows a service open to new customers.
| Check | Result | Date |
|---|---|---|
| irokotv.com | “Page Not Found” on the home page and on the login, sign-up and pricing pages | 10 Nov 2026 |
| App Store, US and Nigeria | no app under the publisher iROKO Partners Ltd | 10 Nov 2026 |
| Google Play | app removed in April 2025 after 12 years, last update on 7 January 2025, according to AppBrain | April 2025 |
Two months after the Google Play removal, Njoku wrote that “@irokotv isn't shutting down”, that the app was still in the Nigerian store with dollar payments, and that 93% of revenue came from North America and Europe. In July 2025 he described iROKOtv as “a family-owned, micro-profitable scale-up” with “a small remote team in Nigeria” (njoku.org). No statement after that date was found, and no price is shown anywhere.
The company is IROKO Limited, registered in England under number 07186627 on 11 March 2010, and called IROKO Partners Ltd until March 2018. Companies House lists Jason Njoku as director since incorporation and as the person with significant control since 12 May 2022. Njoku writes that he acquired majority control in 2023.
The register shows the company as “Active — Active proposal to strike off”. Its last filed accounts cover the year to 31 December 2019. A first compulsory strike-off notice was published on 27 February 2024, then suspended on 16 March 2024.
| Date | Amount | Investors | Source |
|---|---|---|---|
| April 2012 | $8M | Tiger Global | Forbes, December 2013 |
| July 2012 | $2M | Kinnevik | |
| December 2013 | $8M | Tiger Global, Kinnevik, Rise Capital | |
| January 2016 | $19M, content deals and capital | Canal+, Kinnevik | TechCabal |
The $19M of 2016 was “not all in cash”. Totals quoted over the years do not agree: $21M in 2013, about $40M in 2016, about $30M in 2021. In March 2025 Njoku wrote that the company raised $35M of venture capital over its first ten years and “easily spent $100 million trying to win”, revenue included (njoku.org). The $100M is spending. It is not an amount raised.
Canal+ bought ROK, iROKO's film studio, in July 2019 “for an undisclosed amount” (TechCrunch). Njoku later called it a $25M partial exit and wrote that ROK had brought in 80% of iROKO's revenue.
The streaming service turned to the diaspora. In October 2023, 89% of its revenue for the first nine months of the year came from outside Nigeria (TechCabal), and the company stopped accepting naira that year. Its subscriber count was never published. The wider list of African streaming services that closed or retreated is in the African SVOD graveyard.
On 10 November 2026, irokotv.com returns an error page and no iROKO app is listed on the App Store or Google Play. The founder denied a shutdown in mid-2025; no later statement was found.
IROKO Limited, a company registered in England, controlled by its founder Jason Njoku since May 2022 according to Companies House.
About $35M of venture capital according to the founder, from investors including Tiger Global, Kinnevik, Rise Capital and Canal+. He puts total spending, revenue included, at $100M.
Canal+, in July 2019, for an amount the parties did not disclose.
The first pages of the report, as a PDF.
Download the teaser
ON YOUR QUESTION90 minutes prepared from your documents, then a written memo. 1,500€ excl. VAT.
Send my question