The Big Picture While most headlines this weekend will celebrate Inside Out 2 becoming the first film of 2024 to pass the coveted $1 billion milestone globally and resurrecting the summer box office, a couple of movies held the line when things were looking a little dicey a few weeks ago. One of them was Sony’s The Garfield Movie, which has quietly made four times its reported production budget, as it prepares to wrap up its theatrical run with a solid if unremarkable box office performance.
This is in line with the kind of budgets that studios have been allotting to animated movies in the post-pandemic era. Even Super Mario was made for $100 million, while recent hits such as Kung Fu Panda 4 and Puss in Boots: The Last Wish were both produced on reported budgets of around $80 million. This is less than half of the kind of budget that would be granted to mainstream animated films only a few years ago.
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