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Updated! Will the cancelled stop motion project from Coraline director Henry Selick be rescued by Laika Entertainment?

Update: "no" is the answer to the question posed in the title of this article. According to an internal memo sent by Selick around to his employees and collaborators at the stop-motion studio Cinderbiter, the project (now being called THE SHADOW KING) is altogether gone.  According to Selick, Travis Knight (head of Laika Entertainment) "couldn't figure out budgeting to pull this...
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