Velocity is set to cease trading next month, when Simon Eakhurst, the managing director and executive producer, will move with The Office's writer/directing duo, Gervais and Steve Merchant, to Rogue Films. The Swedish director Stig-Ake Nilsson will also move to Rogue, which specialises in comedy.
Eakhurst, who became the managing director in October 1998, said: "It just seemed like the right time to go into a stronger position; as a smaller company you'll always be fighting the bigger companies. Rogue has got the same mentality and attitude to the industry. It has got a very good company structure."
Velocity will carry on trading until the completion of its last job - which is currently in progress - although its office closes at the end of the month.
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