What if 20th Century Fox Animation founded in 1985 as Fox Animation Studios?

We all know that Don Bluth resigned from Disney to establish his own animation studio, Don Bluth Productions, along with Gary Goldman, John Pomeroy, and nine fellow Disney animators.

But in this timeline, what if Bluth instead worked for Walter Lantz Productions back in 1979?

This is interconnected to What if Walter Lantz Productions didn't close down in 1972.

Notes/Trivia

 * Sullivan Bluth Studios wouldn't have existed, having its films, along with their sequels and spin-offs, would've be fully produced and owned by Universal.
 * Don Bluth would've continue to work for Walter Lantz Productions (later renamed to Universal Cartoon Studios) until his dismissal due to the critical and box office failure of Thumbelina (1994).