Sony Pictures is moving ahead with its planned Labubu film, with director Paul King reportedly set to helm the project. Best known for the Paddington films and Wonka, King’s involvement marks a significant creative step for the adaptation of the collectible toy brand.

Paul King is going from cuddly jam-eating bears to cute-ugly monsters. A month after nabbing the film rights to Labubu, Sony has tapped Paddington and Wonka filmmaker King to bring to life a big-screen take on one of the world’s biggest collectible sensations.

A Miranda Lambert TV series, inspired by her music, is being developed by Hulu and Sony Pictures Television, Deadline can report exclusively.

Paul King is set to direct the untitled “Labubu” movie, centered on the super popular accessories, at Sony Pictures, TheWrap has learned.

The entertainment giant now controls 80% of the iconic "Peanuts" brand, with the remaining 20% still owned by the Schulz family.

Paul King has been brought on to develop Sony Pictures and Pop Mart's live-action Labubu film. The film is in early development, King is set to direct and is producing with Department M and Wenxin She.