Yep, the creators of Homestar and Strong Bad turned down money from Adult Swim and Comedy Central:

http://www.wired.com/entertainment/theweb/news/2007/06/homestarrunner

A part of me thinks that's a little crazy, but at the same time, it also demonstrates that media is no longer controlled exclusively by big companies.

Still, I thought the franchise was fading in terms of popularity. I would've cashed out and enjoyed the ride.