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411 Box Office Report: The Hobbit Dominates for #1
Posted by Jeremy Thomas on 12.16.2012





Big box office weekends come in small packages. As expected, The Hobbit: An Unexpected Journey blew away the competition to claim the top spot at the box office this weekend. The Peter Jackson-directed fantasy epic rolled in with an $84.8 million opening weekend, breaking the record for a December opening that was held by I Am Legend's $77.2 million in 2007. The film averaged $20,958 from 4,045 theaters and added another $57 million overseas for a first-weekend total of $141.8 million. The film's budget is not known.

Holding steady in second place was DreamWorks Animation's Rise of the Guardians, which continued to hold on well thanks to its seasonal theme. The animated adventure drew $7.4 million in its fourth weekend and has now grossed $71.4 million domestically and $190.8 million worldwide; the budget was $145 million.

Lincoln managed to jump up a spot as it also held on well, dropping just 19% in its sixth week to bring in $7.2 million. The Steven Spielberg-directed historical biopic has now brought in $107.9 million on a $65 million budget.

After rising to #1 last week, Skyfall dropped back to earth with a three-rung fall to #4 in its sixth weekend with $7 million. The latest in the Bond franchise has a domestic total to $272.4 million and a worldwide total of $951.1 million. The film had a budget of $200 million.

Life of Pi held onto #5 for the fourth week in a row with $5.4 million. The Ang Lee-directed film has now grossed $69.6 million domestically and $198.1 million worldwide with a budget of $120 million.

The Twilight Saga: Breaking Dawn - Part 2 was down three places to #6 in its fifth. The vampire/werewolf action/romance brought in $5.2 million and has now grossed $276.9 million domestically and $759.3 million worldwide on a $120 million budget; it sits at #4 among domestic film grosses for the year.

Wreck-It Ralph stayed even at #7 in its seventh weekend with $3.3 million. The CGI animated video game-themed movie has now grossed $168.8 million domestically and $226.5 million worldwide. Its budget was $165 million.

Gerard Butler's Playing for Keeps slipped two spots to #8 in its second weekend with $3.2 million. The romantic dramedy had 43% drop, pretty average for its genre, though its low initial gross means that it is still a guaranteed bomb. It has pulled in $10.8 million with a budget of $35 million.

Red Dawn was down a spot to #9 in its fourth weekend, bringing in $2.4 million. The Chris Hemsworth-led action remake has a total of $40.9 million from a budget of $65 million.

Finally in at #10, The Silver Linings Playbook was up a spot with #2.1 million in its third week. The film has now grossed $16.9 million domestically and $25.3 million worldwide from a $21 million budget.

The weekend box office tally was $135.9 million, up 15% from last year's $118.3 million gross that was led by Sherlock Holmes 2.

Note: Numbers include Sunday estimates and are three-day estimates. A studio recoups 55% of a film's grosses on average, meaning it needs to approximately double its budget to be profitable during its theatrical run.

BOX OFFICE TOP TEN
1. The Hobbit: An Unexpected Journey - $84.8 million ($84.8 million total)
2. Rise of the Guardians - $7.4 million ($71.4 million total)
3. Lincoln - $7.2 million ($107.9 million total)
4. Skyfall - $7 million ($272.4 million total)
5. Life of Pi - $5.4 million ($69.6 million total)
6. The Twilight Saga: Breaking Dawn - Part 2 - $5.2 million ($276.9 million total)
7. Wreck-It Ralph - $3.3 million ($168.8 million total)
8. Playing for Keeps - $3.2 million ($10.8 million total)
9. Red Dawn - $2.4 million ($40.9 million total)
10. The Silver Linings Playbook - $2.7 million ($40.9 million total)





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