FAI Films was an Australian

film A film, also known as a movie or motion picture, is a work of visual art that simulates experiences and otherwise communicates ideas, stories, perceptions, emotions, or atmosphere through the use of moving images that are generally, sinc ...

production company A production company, production house or production studio is a studio that creates works in the fields of performing arts, new media art, film, television show, television, radio, comics, interactive arts, video games, websites, music, and video ...

known for the 1992 animated film '' FernGully: The Last Rainforest''.

Name

The studio was owned by the

Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...

n company Fire and All Risks Insurance (later FAI Insurance), founded by Lawrence Adler. 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 HIH Insurance was Australia's second-largest insurance company before it was placed into provisional liquidation on 15 March 2001. The demise of HIH is considered to be the largest corporate collapse in Australia's history, with liquidators e ...

, which collapsed in March 2001. In June 2012, administrators for HIH placed advertisements trying to sell the rights to both films. On November 11, 2021

Shout! Factory Shout! Factory, LLC, doing business as Shout! Studios (formerly doing business as Shout! Factory, its current legal name), is an American home video and music distributor founded in 2002 as Retropolis Entertainment. Its video releases, issued i ...

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.

References

Defunct mass media companies of Australia Australian companies established in 1992 {{Australia-company-stub