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Following is a summary of current entertainment news briefs.
Pixar film 'Elemental' opens as studio's second-lowest box office debut
Pixar's animated movie "Elemental" took in roughly $30 million at U.S. and Canadian box offices over the weekend, the second-lowest debut in the history of the acclaimed studio behind the "Toy Story" franchise, "Finding Nemo" and other classics. "Elemental," a story about overcoming outward differences, added $15 million overseas for a global total of $45 million from Friday through Sunday, distributor Walt Disney Co said. The film opened in just three major international markets and will expand to other countries in the coming weeks.
'Netflix Effect' lifts Korean content but market control worries grow
When Netflix co-CEO Ted Sarandos visits South Korea this week he will find an entertainment industry that has achieved global fame through hits such as "Squid Game" and "The Glory", but also growing worries about the service's effects on the local market. South Korea has created some of Netflix's biggest shows, which have become synonymous with the broader international success of the country's cultural exports and spurred the Californian company to invest $2.5 billion in local content.
Analysis-Pixar's 'Elemental' challenge: Originals aren't breaking big at the box office
Pixar, the studio that introduced the world to blockbuster franchises "Toy Story," "Monsters, Inc" and "Cars," has a problem: an original film it spent seven years nurturing bombed at the box office. The weak opening of "Elemental" this weekend has thrust the Walt Disney-owned animation pioneer into unfamiliar territory: being a laggard among rivals. Universal's "The Super Mario Bros." movie and Sony's "Spider-Man: Across the Spider-Verse," both animated films, have racked up big ticket sales this year.
(With inputs from agencies.)
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