FAI Films
FAI Films was an Australian film production company known for the 1992 animated film FernGully: The Last Rainforest.
 | |
| Type | production company |
|---|---|
| Industry | film |
| Predecessor | Kroyer Films |
| Founded | 1992 |
| Defunct | March 2001 |
| Fate | Acquired by HIH Insurance |
| Products | Ferngully: The Last Rainforest FernGully 2: The Magical Rescue |
Name
The studio was owned by the Australian company Fire and All Risks Insurance (later FAI Insurance), founded by Lawrence Adler.[1] Both companies shared the FAI "running man" logo.
Productions
The company produced only one theatrical release, FernGully: The Last Rainforest in 1992, and a direct-to-video sequel, FernGully 2: The Magical Rescue, in 1998.
Demise
In 1998, FAI Insurance was acquired by HIH Insurance, which collapsed in March 2001.[2] In June 2012, administrators for HIH placed advertisements trying to sell the rights to both films.[3] On November 11th, 2021 Shout! Factory announced a deal with Machine Media Advisors, stated to be the owner of the rights to FernGully, for worldwide distribution rights to the first film.[4]
References
- Lawrence James Adler (Australian businessman) - Britannica Online Encyclopedia
- The World Today Archive - FAI insurance's parent company goes into provisional liquidation
- Schmidl, Engel (4 June 2012). "Cartoon crisis as Australian animated film companies are liquidated". SmartCompany. Archived from the original on 27 August 2018. Retrieved 27 August 2018.
- Milligan, Mercedes (11 November 2021). "Exclusive: Shout! Studios Secures Worldwide Rights to 'FernGully: The Last Rainforest'". Animation Magazine. Archived from the original on 11 November 2021. Retrieved 11 November 2021.