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Collectible toy maker and IP powerhouse Pop Mart

is teaming up with Sony

Pictures to bring its wildly popular Labubu doll to movie theaters.

The live-action and CGI hybrid film is in early development, according to a press release on Thursday. Filmmaker Paul King, best known for 2014′s “Paddington” and “Wonka” from 2023, will produce, direct and co-write the script with screenwriter Steven Levenson.