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 |
Fate | Acquired by HIH Insurance |
Predecessor | Kroyer Films |
Founded | 1992 |
Products | Ferngully: The Last Rainforest FernGully 2: The Magical Rescue |
Name
Owned by 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] FAI Films, which only ever produced FernGully and its sequel, was acquired by HIH Insurance in 1998. HIH closed in 2001. In June 2012, administrators for HIH placed advertisements trying to sell the rights to both films.[3] The Walt Disney Company took ownership of the film due to their acquisition of the distributor 20th Century Fox in 2019.
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.