Big Idea Bought Out
Posted: Fri Sep 05, 2003 3:47 am
Big Idea Bought Out
Animation Magazine reveals that the family entertainment group Classic Media has bought out Big Idea Prods., the company responsible for the popular, faith-based VeggieTales home video and feature film franchise. According to Daily Variety, Classic intends to keep growing the series of CG animated bible stories acted out by musically inclined produce. Despite selling more than 30 million video units over the past nine years, Big Idea recently filed bankruptcy. The cause is said to be an increase in operating costs associated with the feature film Jonah: A VeggieTales Movie. While the $14 million movie made a tidy $25 million at the box office, the studio put the brakes on its lucrative home video business to self-finance the film. Big Idea had also begun work on a follow-up feature, The Bob & Larry Movie. Big Idea could not be reached for details on the status of that film.
Animation Magazine reveals that the family entertainment group Classic Media has bought out Big Idea Prods., the company responsible for the popular, faith-based VeggieTales home video and feature film franchise. According to Daily Variety, Classic intends to keep growing the series of CG animated bible stories acted out by musically inclined produce. Despite selling more than 30 million video units over the past nine years, Big Idea recently filed bankruptcy. The cause is said to be an increase in operating costs associated with the feature film Jonah: A VeggieTales Movie. While the $14 million movie made a tidy $25 million at the box office, the studio put the brakes on its lucrative home video business to self-finance the film. Big Idea had also begun work on a follow-up feature, The Bob & Larry Movie. Big Idea could not be reached for details on the status of that film.