Pingu films was a childerens television program that didn’t do so well. They only lasted till 1995 when they went bankrupt, and never returned. They made over 10 movies, and 14 series. There most popular one was “Daybreak Adventures” but it only made $100,000 dollars in income. Unfortunately, this money didn’t last long, and they needed it for more shows. They made one more movie that got regected, before going bankrupt. However tho CEO did manage to find a job as a director for Varcity Films in 2019.
Credit to @logan3035 for the effect, and @SomeLogoFan190 for the audio