UK independent production and distribution company Power Corp heads for administration at the behest of its bankers, Lloyds. Last year the company partnered with Screentime to shoot telemovie Ice here as a UK-NZ co-production.
Formed in 1995, Power has a strong track record in distribution and entered the production arena in a committed manner six years ago, specialising in telemovies and high-budget broad-appeal dramas.