TV producer Justin Bodle has regained control of Power Entertainment Media, the indie he founded in 1995.
Power was forced into administration in 2010 and was eventually bought by the Sabido Group. The acquisition of Power was made by Bodle’s Purecom Entertainment International, the media investment group he established at the beginning of the year.
Power produced and distributed a slate of big budget drama mini-series, including historical biography Henry VIII featuring Ray Winstone and Colditz starring Damien Lewis both made with Granada for ITV. It also made William Golding trilogy To The Ends of the Earth, The Virgin Queen and Archangel for the BBC and ITV drama The Flood starring Robert Carlyle.
In 2009, Power produced The Day of The Triffids for BBC One with a cast including Dougray Scott, Joely Richardson, Brian Cox, Vanessa Redgrave, Eddie Izzard and Jason Priestly.
Bodle said: “I’m really excited to have this wonderful brand back. The world has changed so much since I created Power and I look forward to announcing the new strategy and new plans that will integrate what we’ve been doing over the past 18 months as we rebuild Power into a new 21st century distribution business for the global marketplace. Power will be working across all genres and re- establishing its strong ties with the advertising industry as we create new strategies for the digital world.”
The 100% buyout includes all rights and the company will continue to operate from Power’s existing London headquarters in Gresse Street. The re-launched Power is expected to make a string of announcements in the run-up to MIPCOM in October.
Staff Reporter
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