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FAI Films

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FAI Films
Company typeproduction company
Industryfilm
PredecessorKroyer Films
Founded1991
DefunctMarch 2001
FateAcquired by HIH Insurance
ProductsFerngully: The Last Rainforest
FernGully 2: The Magical Rescue

FAI Films was an Australian film production company known for the 1992 animated film FernGully: The Last Rainforest.

Name

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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

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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

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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 11, 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

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  1. ^ Lawrence James Adler (Australian businessman) - Britannica Online Encyclopedia
  2. ^ The World Today Archive - FAI insurance's parent company goes into provisional liquidation
  3. ^ 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.
  4. ^ 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.