FAI Films
{{Short description|Australian film production company}}
{{Use dmy dates|date=June 2015}}
{{Use Australian English|date=June 2015}}
{{Infobox company
|name = FAI Films
|logo = file:FaiFilms.PNG
|type = production company
|industry = film
|foundation = 1991
|fate = Acquired by HIH Insurance
|defunct = March 2001
|predecessor = Kroyer Films
|products = FernGully: 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
The studio was owned by the Australian company Fire and All Risks Insurance (later FAI Insurance), founded by Lawrence Adler.[http://www.britannica.com/EBchecked/topic/6069/Lawrence-James-Adler#ref749564 Lawrence James Adler (Australian businessman) - Britannica Online Encyclopedia] 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.[http://www.abc.net.au/worldtoday/stories/s261304.htm The World Today Archive - FAI insurance's parent company goes into provisional liquidation] In June 2012, administrators for HIH placed advertisements trying to sell the rights to both films.{{cite web |url=https://www.smartcompany.com.au/finance/economy/cartoon-crisis-as-australian-animated-film-companies-are-liquidated/ |title=Cartoon crisis as Australian animated film companies are liquidated |last=Schmidl |first=Engel |date=June 4, 2012 |work=SmartCompany |archiveurl=https://archive.today/20180827010727/https://www.smartcompany.com.au/finance/economy/cartoon-crisis-as-australian-animated-film-companies-are-liquidated/ |archivedate=August 27, 2018 |url-status=live |access-date=August 27, 2018 }} 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.{{cite web |url=https://www.animationmagazine.net/home-entertainment/exclusive-shout-studios-secures-worldwide-rights-to-ferngully-the-last-rainforest/ |title=Exclusive: Shout! Studios Secures Worldwide Rights to 'FernGully: The Last Rainforest' |last=Milligan |first=Mercedes |date=November 11, 2021 |work=Animation Magazine |archive-url=https://archive.today/20211111215022/https://www.animationmagazine.net/home-entertainment/exclusive-shout-studios-secures-worldwide-rights-to-ferngully-the-last-rainforest/ |archive-date=November 11, 2021 |url-status=live |access-date=November 11, 2021 }}
References
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{{Authority control}}
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Category:Defunct mass media companies of Australia
Category:Australian companies established in 1992
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