Internal Politics: FilmOne Leadership Engaged In Power Tussle

In a dramatic turn of events, Moses Babatope and Kene Okuwuosa, co-founders of the renowned entertainment company, are reportedly locked in a bitter power struggle.

Sources close to the situation reveal that Babatope, the Managing Director of FilmOne Entertainment, stands accused of diverting lucrative opportunities meant for the company to his personal ventures, casting doubt on the firm's future under his leadership.

On the other side of the conflict, Kene Okuwuosa, Group Chief Executive Officer of Filmhouse Cinemas, is allegedly driven by insecurity over his co-CEO's popularity and strong relationships within the industry.

His purported aim is to eliminate internal competition and consolidate his position as the undisputed leader of the 12-year-old entertainment powerhouse.

As of now, neither party has issued an official statement regarding the reported discord. The situation raises questions about Babatope's next move: will he retaliate by poaching the company's clients for his new venture, or will he choose to stay and fight for his position against his former ally?

The stance of the board members in this conflict remains undisclosed, leaving it unclear which co-founder they will support and what repercussions will follow for the losing party. The future of FilmOne Entertainment hangs in the balance as this high-stakes power struggle unfolds.

Nollywood Times will bring you details as this news develops.

Source: Shock

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