destination_hogwartsLast October, Rachel Lowe of RTL Games was over the moon having secured a license from Warner Bros to produce a Harry Potter version of her hit game Destination. The company was turning over a million pounds a year.

Times have changed.

The sixth Harry Potter movie was supposed to come out the following month, but it got delayed until July, 2009. Orders were canceled or delayed and Lowe was left holding the bag, unable to pay her creditors without a cash flow. She lost her home and car, and her business is in administration.

(Seeing as the movie is now, in fact, about to come out, I would think that this would reverse her fortunes, but I don’t see a mention of that in the source.)


Update, Sept 22: BBC Panorama on Rachel and the bank’s behavior.