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 |founded = 1991 |fate = Acquired by HIH Insurance |defunct = March 2001 |predecessor = Kroyer Films |products = ''FernGully: The Last Rainforest''<br>''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.<ref>[http://www.britannica.com/EBchecked/topic/6069/Lawrence-James-Adler#ref749564 Lawrence James Adler (Australian businessman) - Britannica Online Encyclopedia]</ref> 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.<ref>[http://www.abc.net.au/worldtoday/stories/s261304.htm The World Today Archive - FAI insurance's parent company goes into provisional liquidation]</ref> In June 2012, administrators for HIH placed advertisements trying to sell the rights to both films.<ref>{{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 }}</ref> 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.<ref>{{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 }}</ref>

==References== {{Reflist}}

{{DEFAULTSORT:Fai Films}} Category:Defunct mass media companies of Australia Category:Australian companies established in 1992