[1][9][10] As part of his programming, Woolley developed Friday evenings for special events which in March and May 1980 included early live gigs by the pop group Spandau Ballet, school pals from Dame Alice's, the second being filmed for London Weekend Television's youth series 20th-Century Box.

[14] It later grew into a theatrical distribution company, retitled Palace Pictures, where Woolley was behind the UK releases of French cult film Diva (1981), Sam Raimi's The Evil Dead (1981), Nagisa Ōshima's Merry Christmas, Mr. Lawrence (1983), Wim Wenders’ Paris, Texas (1984), the Coen brothers' Blood Simple (1984), Rob Reiner's When Harry Met Sally (1988) – as well as films by John Cassavetes, John Waters, Mike Leigh, Ken Loach, Peter Greenaway, Fassbinder, and Bertolucci.

[19] Many of Palace Pictures projects were first supported by Channel 4, and Woolley also helped establish many first-time directors including Michael Caton-Jones and Richard Stanley.

[21] Woolley established an association with Miramax, which distributed a number of Palace films in the United States, including Scandal (1989), A Rage in Harlem (1991), Hardware (1990) and The Crying Game (1992).

Simultaneously, he secured a three-picture deal with Warner Brothers and made three films with Jordan after the worldwide box office hit of Interview with the Vampire.