![]() "I think that's changed now, especially because there's more competition," Robbins added. “It used to be that when a Pixar film was coming out, it could be an original title that didn't even need to be based on pre-existing (characters)," said Box Office Pro senior analyst Shawn Robbins, "and it could still open like a mini-blockbuster, if not a full-fledged blockbuster." Movie," and Sony Pictures Animation (6758.T) struck box-office gold with Spider-Man, one of Disney’s own characters. Meanwhile, rival studios are riding high with animated films.Ĭomcast Corp's (CMCSA.O) Universal Pictures raked in $1.3 billion in worldwide ticket sales with its video-game adaptation, "The Super Mario Bros. "This whole film was made to connect, and we hope it does," Sohn said in an interview with Reuters Television. The film was inspired by Sohn's appreciation for his Korean immigrant parents, a theme he hopes will resonate with audiences. "Elemental" director Peter Sohn acknowledged he feels pressure to deliver a box-office hit, particularly since his movie is among the few summer titles based on an original story. The director and producer of "Lightyear" were laid off last month, Reuters first reported, as parent company Walt Disney Co (DIS.N) shed 7,000 jobs across the company in a cost-cutting effort. "Judging Pixar on the recent past, history would not be kind," said SVB MoffettNathanson media analyst Michael Nathanson. The movie brought in an earthbound $226.7 million in global ticket sales, a fraction of the $1 billion take for 2019's "Toy Story 4." ![]() Pixar is looking to rebound from the box office disappointment of 2022 release "Lightyear," the origin story of "Toy Story" hero Buzz Lightyear. That is well shy of the recent $120.5 million haul for Sony’s critically acclaimed animated hit "Spider-Man: Across the Spider-Verse." The movie is projected to debut with a modest $31 million to $41 million this weekend in the U.S., according to the Box Office Pro website. The stakes are high for "Elemental," a tale of overcoming outward differences. June 13 (Reuters) - When Pixar Animation Studios releases its 27th feature film in theaters on Friday, the pioneering studio behind blockbuster movies such as "Toy Story," "Cars" and "Finding Nemo" will be under pressure to demonstrate it has not lost its Midas touch.
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