The Never Beginning Story

If you've seen The Neverending Story in the last 20 years, you've seen it more recently than me. I don't remember a lot about that movie... just that the main villain was "nothing," the horse sunk into tar because its self-esteem was low, and of course, Falkor - the flying snake-dog with udders or tentacles or something. I guess when a snake and a flying dog breed, the result is a "dragon." What a messed up movie. What?! It was written by a German? No.