Did someone in the company embezzle all the cash? How does a company with a cash cow like Veggie Tales go bankrupt?
I think they grew too quick. The Jonah movie, which did well, cost a lot of money and they borrowed for what they thought it was going to do but it did not get there. That project is what broke them. It was a great movie however.
"Did someone in the company embezzle all the cash? How does a company with a cash cow like Veggie Tales go bankrupt?"
That was what I was wondering. 50 million in sales and they are bankrupt???
They over-extended when they decided to make the theatrical release "Jonah" and never got out of the debt-hole they dug.
SD
Barney did it - with the help of plaintiff's lawyeres. The company that owns the Barney products sued the company that owned Veggie Tales over a distribution deal. The resulting verdict bankrupted the Veggie Tales company, and a large multinational bought the rights to the existing shows and trademarks.
Of course, some folks won't let the truth get it the way of false accusations.