The film about Teddy Ruxpin, who is canonically not a bear, but a bear-like creature known as an “illiop,” is set to be produced by Dwayne Johnson and Dany Garcia’s Seven Bucks Productions and Dmitri M. Johnson and Michael Lawrence Goldberg’s Story Kitchen with Chris Hazzard and Mike Fontana writing the script.
While details about the film are being kept under wraps, sources tell Variety the project — which was won by Amazon in a competitive bidding war — was pitched with a “‘Sonic the Hedgehog’ meets ‘Elf’” tone.
Created by former Disney Imagineer Ken Forsse, Teddy Ruxpin was launched by toy company Alchemy II in 1985 as the world’s first animated talking toy and went on to sell more than eight million units worldwide. Named one…
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