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Laika's "Wildwood" faces profitability challenge despite $100M budget and Phil Knight backing

By PulseAugur Editorial · [1 sources] ·

Laika's latest stop-motion film, "Wildwood," has achieved modest box office success, grossing $25.9 million domestically and nearly $36 million worldwide. Despite being Laika's sixth feature and directed by Travis Knight, the film's reported $100 million budget makes profitability a challenge, especially given Laika's history of shrinking domestic grosses since "Coraline." The studio's continued operation is largely supported by Nike co-founder Phil Knight, who became majority owner of Laika's predecessor in 2002. AI

RANK_REASON This is a film release from a studio, not a frontier AI model release or significant industry event.

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Laika's "Wildwood" faces profitability challenge despite $100M budget and Phil Knight backing

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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Andrew McGowan ·

    The anti-Skydance: How a Nike billionaire’s backing lets Laika spend a reported $100 million on ‘Wildwood’

    The studio behind ‘Coraline’ is run by the Nike co-founder’s son, and its films rarely make money at the box office.

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