The series was an enormous hit and, by the late-1990s, had earned the company millions of dollars every year. By 1999, Vischer slowly found himself running a company that was losing money due to a variety of circumstances. Their series continued being a hit in the market, but Vischer's decision to take out a loan and produce their first full-length film, , caused the company to slowly fall apart financially. To make things worse, Big Idea's termination of their association with their long-time distributor Lyrick Studios (the company behind Barney & Friends & Wishbone), caused Lyrick's parent company, HiT Entertainment to file a lawsuit against the company for ""breach-of-contract"". Vischer offered to settle with HiT for $500,000 but, HiT declined and the case went to trial after the judge denied Big Idea's motion for summary judgement. A jury ultimately ruled against Big Idea in 2003, awarding Hit & Lyrick $11M. Although the verdict was later overturned on appeal, the damage was done and Big Idea filed for Chapter 11 bankruptcy in summer of 2003. After Big Idea was purchased by Classic Media in 2004, Vischer continued to worked on VeggieTales under contract as a writer until 2009 and voice actor until 2017 when his contract ended. Soon after Vischer's departure, VeggieTales was cancelled. After selling Big Idea, Phil Vischer took two years off to recuperate. He then started a brand-new production studio called Jellyfish Labs in order to launch his new business vision; JellyTelly, which he intended to be ""a Nickelodeon for Christians."" Phil Vischer said in his book that he believed that his heart had turned from God while being CEO of Big Idea and that the company's fall was a "wake-up call" and, because of this, Vischer limits his own power at Jellyfish Labs and allows God to "guide the company." In Late 2009, Vischer began production on a new spin-off series of his puppet show from JellyTelly entitled "What's in the Bible". "What's in the Bible" is a 13-DVD series that walks children through the Bible, from Genesis to Revelation. According to Vischer,"What's in the Bible" teaches "Christianity in the same way Walt Disney taught America about space travel and "Our Friend the Atom" on TV in the 50s and 60s, and the same way Carl Sagan taught America about "The Cosmos" on PBS in the 80s".