Shon Little and Julie Mitchell met in a Groundling's comedy class many a year ago. They stayed together through several popular sketch groups and began writing the web series Betty and DD. Shon and his wife, Jodi Shilling, already owned a production company called Little Artistic Value. Julie and her husband, Markus Baldwin, formed the production company NonHip Pictures in order to start...you know, producing stuff. After working on multiple projects together, these four friends started working under the name Purple Pants Media. That's the boring version.
Here's the fascinating version. Markus, Jodi, Shon and Julie met in an opium den back in 1903. After long debates and a few black eyes, they all decided that veggie chilli was not as good as chilli made with real beef. So they decided to form a couple of production companies. Those productions companies had a baby and named it "Purple Pants Media". Why "Purple Pants Media"? Because it's easy to spell and "Purple Brassiere Media" would have been too sexy and not as easy to spell. If you would like to know more then piss off.
To find out more about Little Artistic Value goto http://littleartisticvalue.com