The makers of Winnie-the-Pooh: Blood and Honey unveiled their plans to give Pinocchio the horror movie treatment earlier this year by way of Pinocchio: Unstrung, and we now have our first gory details regarding some of the movies elements. Produced on a budget of just $50,000, Winnie-the-Pooh: Blood and Honey would go on to earn over $5 million, while its sequel didnt fare as well, earning just $686,000 against a budget of $1 million.