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Elio’s Debut Falls Far Short of Budget, Spurs Pixar to Return to Franchises

Pixar is reevaluating its approach to original animated films after Elio grossed just $72 million worldwide against a $150 million budget.

Elio (Yonas Kibreab) and Glordon (Remy Edgerly) flying through the intergalactic sky in Pixar's 'Elio.'
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Overview

  • Elio grossed $72 million worldwide in its first week, covering only 48% of its $150 million production budget.
  • The film opened on June 20 to an 83% critic score and 91% audience score on Rotten Tomatoes yet saw a sharp drop in ticket sales during its second weekend.
  • High production and marketing costs combined with shifting audience habits and streaming competition have made it difficult for standalone animated features to break even.
  • Studio leadership led by Pete Docter is now emphasizing franchise sequels to balance creative risk with greater box office security.
  • Upcoming titles such as Toy Story 5, Incredibles 3 and Coco 2 have been prioritized over new original releases.