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Cool World Trivia

As a publicity stunt, Paramount placed a huge cut-out of Holli Would on the D of the HOLLYWOOD sign in Los Angeles. Although they didn't have to pay any fees, the studio still had to make a donation of $27,000 to the sign's maintenance fund, another $27,000 to the Rebuild L.A. fund (this was just after the L.A. riots), and the cost of two park rangers to guard the sign 24 hours a day. The publicity stunt, however, angered local residents who picketed and demanded that the cut-out be taken down.
In Ralph Bakshi's original script, Holli Would was named Debbie Dallas, after the porn film Debbie Does Dallas (1978).
The original script was scrapped and re-written without Ralph Bakshi's knowledge.
Since the characters were simply created from scratch, the directors thought it to be appropriate to parody both popular Disney and Warner Bros. cartoon characters. A few examples would be the medium used for the rabbits, the old bald man and their own version of Geppetto and Pinnochio in a larger character's stomach.
The character of Nails the Spider is borrowed from Bakshi's own Christmas in Tattertown character Sidney the Spider. Charlie Adler provides the voices for both characters.
Ralph Bakshi originally wanted Drew Barrymore to play the sultry 'Holli Would' .
Traci Lords was in contention for the role of Holli Would but lost out to the more widely recognized Kim Basinger.
The movie was originally sold as an animated/live action horror film about a cartoonist that sleeps with a cartoon and fathers a child that can travel between both worlds.
Ralph Bakshi wanted Brad Pitt to play Jack Deebs.