Pixar experienced turmoil due to the pandemic's impact on theatrical releases and the shift to streaming. Soul, Luca, and Turning Red were well-received on Disney+, but Lightyear underperformed despite expectations. Elemental found success later on, leading to hopes for Inside Out 2, which became a massive hit. However, Elio's $20.8 million opening weekend represented a record low for Pixar, raising questions about the studio's future and market appeal as it may not surpass $100 million domestically.
Pixar appeared to be on the brink of an existential crisis due to the pandemic, as theatrical releases transitioned to streaming platforms, raising concerns about the future of kids' movies.
After the mixed performance of Lightyear and the struggles of Elio, Pixar's box office success seems uncertain, as Elio's $20.8 million opening weekend marked a record low for the company.
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