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Labubu Plush Toy Movie: Sony Pictures Developing Animated Franchise

Sony Pictures Developing Film based on Popular‌ Toy Line labubu

Sony Pictures has acquired the screen rights to Labubu, the plush​ toy⁤ line featuring uniquely designed monster characters, with plans to develop a film and potential franchise. The ‌deal was ​finalized this week, but​ no producer ‌or ‍filmmaker is currently attached to the project, and the format – live-action or animated – remains undecided.Sony declined to comment.

Labubu was originally designed by hong Kong-born, European-based artist Kasing ‍Lung and initially produced by How2‌ Work as ⁤part of a line of monster figurines. Popularity surged after Chinese retailer Pop Mart‍ began​ manufacturing and distributing the toys in 2019.

The brand’s success is attributed​ to Pop Mart’s “blind box” sales strategy, creating demand and a robust secondary market where limited-edition dolls can fetch six-figure prices. Celebrity endorsements, notably from Blackpink member Lisa in 2024, further⁢ fueled the toys’ global rise, initially in Southeast Asian markets and then worldwide. pop ⁢Mart reported a 350 ‍percent profit increase earlier in 2024.

Labubu is the name of the lead character, with⁤ Zimomo, ​Mokoko, and Tycoco among other figures​ in the line.

The move reflects⁤ a recent ​trend⁤ in Hollywood ‌of adapting toy brands for the big screen, following successes⁣ like The Lego Movie (2014)​ and Barbie (2023), which grossed over $1 billion globally and received eight Oscar nominations.This week, Sony and Mattel films also announced a feature film based on View ‌Master.

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