Prescience taps Nichols as chairman

Finance expert to further integrated media development

Peter Nichols has joined U.K.-based film financier Prescience as chairman.

Nichols is owner and founder of the Chancery group of wealth management businesses, which has raised in excess of £500 million ($812 million) for U.K. pics over the last decade.

As chairman, Nichols will play a key role in the continuing development of Prescience as it consolidates its position as an integrated media company and indie financier in Blighty and the U.S.

Prescience, which backed pics including “The King’s Speech” and “Chalet Girl,” has a longstanding relationship with Chancery, and both Nichols and Prescience topper Tim Smith are directors of the Aegis Film Fund.

Nichols has simultaneously acquired a strategic shareholding in the Prescience group of companies.

Prescience recently announced it had merged its sales operations with that of longtime collaborator Ealing Studios to form Ealing Metro.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety