Sony Pictures is reportedly close to developing a feature film featuring the popular Labubus plush toy brand. The deal was signed between Chinese toy makers and the animation division of Sony Pictures, which has experienced success with films like "Demon Hunters," a K-pop-inspired animated movie.
Labubus originated as a line of monster figurines by How2 Work, initially sold in Asia and later gaining popularity through social media posts showcasing rare collections. The toys have also been adopted by celebrities, including singer Lisa from Blackpink, who has helped promote the brand as a luxury accessory.
The popularity of Labubus has led to significant profits for the Chinese retailer Pop Mart, with sales rising 350% in the past year alone. Limited edition versions of the dolls have sold for six figures at auction, fueling interest in adapting the characters into a film.
Potential storylines for a feature film include the lead monster doll Labubu and its companions Zimomo, Mokoko, and Tycoco. This would mark another chapter in the trend of toy-related IP ideas in Hollywood, where films now often inspire toys rather than the other way around. The success of "Barbie" β which grossed over $1 billion worldwide in 2023 β has sparked a wave of merchandise-to-movie adaptations.
Sony and Mattel have also recently partnered on a film based on the game View Master, further indicating the growing interest in turning popular toys into movie franchises.
Labubus originated as a line of monster figurines by How2 Work, initially sold in Asia and later gaining popularity through social media posts showcasing rare collections. The toys have also been adopted by celebrities, including singer Lisa from Blackpink, who has helped promote the brand as a luxury accessory.
The popularity of Labubus has led to significant profits for the Chinese retailer Pop Mart, with sales rising 350% in the past year alone. Limited edition versions of the dolls have sold for six figures at auction, fueling interest in adapting the characters into a film.
Potential storylines for a feature film include the lead monster doll Labubu and its companions Zimomo, Mokoko, and Tycoco. This would mark another chapter in the trend of toy-related IP ideas in Hollywood, where films now often inspire toys rather than the other way around. The success of "Barbie" β which grossed over $1 billion worldwide in 2023 β has sparked a wave of merchandise-to-movie adaptations.
Sony and Mattel have also recently partnered on a film based on the game View Master, further indicating the growing interest in turning popular toys into movie franchises.