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This biography of a living person does not cite any references or sources. Please help by adding reliable sources. Contentious material about living people that is unsourced or poorly sourced must be removed immediately. (March 2009) Find sources: (Nik Powell – news, books, scholar) |
Nik Powell (born c.1950 in Surrey, England) is one of the co-founders of the Virgin Group with Richard Branson. After operating a mail-order company, a small record shop, and a recording studio, the partners established Virgin Records in 1972. It became one of the UK's major recording labels until it was sold to EMI in 1992. Powell received just £1m for his 40% of the Virgin empire in 1981. Richard Branson is now reportedly worth $4.4bn
In 1983, Powell and Stephen Woolley founded Palace Productions, which produced The Company of Wolves (1984), Mona Lisa (1986), and The Crying Game (1992). After presiding over the 1992 collapse of the company, Powell re-established himself in the film industry with Scala Productions and has since produced Fever Pitch, TwentyFourSeven, Last Orders, and Ladies in Lavender.
Powell currently is director of the National Film and Television School [1] in England while maintaining his position as chairman of Scala Productions. His marriage to Merrill Tomassi, the sister of Richard Branson's first wife, ended in divorce. He then married singer Sandie Shaw and helped relaunch her career. They had two children, Amie and Jack, before divorcing in the early 1990s.
References
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