Well I watched this movie when I was like seven or 8 years old I can't quite put my finger on the plot of the movie , all I can remember is that some sort of creatures that push kids into some kind of giant pots , and they would either turn to fairies or to big toads ( I'm guessing It depends on whether they were good or bad )

I also recall that there was some sort of rainbow... My memory is very vague but the movie is driving me insane , guys Please help me remember a childhood memory.

Sounds like the bizarro Great Land of Small.

Yes that's the movie.

Try the movie trolls