Following the success of Alexander Korda's "The Private Life of Henry VIII" (1933), Hagen became interested in producing films which could be released in America. Twickenham took on more quality work such as the Gracie Fields vehicle "This Week of Grace". This ultimately led Hagen to stop making quickies entirely and focus entirely on quality productions. He began to make more expensive films such as Seymour Hicks's "Scrooge" (1935) and "Spy of Napoleon" for which he hoped to gain an international market. Hagen spent £100,000 rebuilding Twickenham Studios and acquired studios in other parts of London. He also broke with his established distributors and attempted to distribute his own films. This proved a mistake, the major American studios blocked his entry into their market, while his films failed to gain access in the British market. In 1937 Hagen's company went bankrupt as part of a wider slump in British filmmaking that year bringing an end to his reign at Twickenham.