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‘The Karate Kid’ Tops The Box Office With $56 Million

“The Karate Kid” saves Summer Box Office Slump

12 year-old Jaden Smith has a lot to celebrate this weekend.  His film of the 1984 remake, The Karate Kid was the #1 film at the box office this weekend, bringing in a total of $56 million.

The film propelled the box office to 11 percent up from last year at this time, and he also dominated the 80’s television adaptation of The A-Team.  The film was directed by Harald Zwart and earned an A grade from audiences according to CinemaScore.  With the film being a bonafide hit, don’t be surprised if it grosses well over $200 million before the summer is over with.

The A-Team earned $26 million for it’s opening weekend.  While, not a terrible start it was well beneath expectations. But with little to no advertising, are they really surprised?  20th Century Fox, who distributed the film, needs a hit.  They are banking on both The A-Team and the upcoming Knight and Day, starring Tom Cruise and Cameron Diaz to be hits.

Shrek Forever After is still holding strong. The DreamWorks Animation film earned another $15.8 million, 38 percent less than what it made last week.  That puts the films total earning at $210 million.  While a solid number, it will still end up far beneath any of the other Shrek releases.

In fourth place was Get Him to the Greek, earning another $10.1 million, dropping 43 percent for a total take of $36.5 million. Ashton Kutcher’s film, Killers also fell off less than 50 percent dropping to 5th place.  The critically panned film has only grossed a total of $22.5 million.

The rest of the top ten includes Prince of Persia grossing more than $72.3 million at the box office. Sex and the City 2 dropped 55 percent in its third week grossing $84.7 million.  It’s practically impossible for this sequel to match the original which earned $152 million two years ago.

Iron Man 2 is on the verge of $300 million.


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