In the early 1970s Nik Powell set up Virgin Records with Richard Branson and in the space of ten years the pair turned a small mail-order record operation into a multi-million pound conglomerate.In 1982 Powell went into partnership with Stephen Woolley, having sold out from Virgin in the previous year. Together they formed Palace Video, followed by Palace Pictures, and then Palace Productions, soon establishing each as highly regarded entities within
the film distribution and production industry. Nik and Stephen Woolley’s new company Scala produced Iain Softley’s BACKBEAT, Terence Davies’ THE NEON BIBLE, Shane Meadows’ TWENTY-FOUR: SEVEN, Mark Herman’s Oscar and Golden Globe nominated LITTLE VOICE, Fred Schepisis’ LAST ORDERS, and Charles Dance’s LADIES IN LAVENDER. During his time as director of the National Film & Television School, films produced by students garnered numerous BAFTAs and OSCAR nominations with graduates including Yann Demange, Eduard Grau and Anthony Chen.