Box Office Results: Christmas joy sets box office weekend record

Studio Estimates for Dec. 25-27:

1.  Avatar – $75.6 million
2.  Sherlock Holmes – $65.4 million
3.  Alvin and the Chipmunks: The Squeakquel – $48.9 million
4.  It’s Complicated – $22.1 million
5.  Up in the Air – $11.8 million

Thanks to the mega blockbusters this Christmas weekend in Avatar, Sherlock Holmes, and Alvin and the Chipmunks: The Squeakquel, this past weekend was the highest-grossing weekend ever!  Approximately $273 million was grossed this weekend, surpassing the former record of $260.5 million (the weekend of The Dark Knight and Mamma Mia!).

For a second straight week, Avatar tore through the box office and put any critics who thought its gross last weekend was too high to rest.  Grossing an enormous $75.6 million (only a microscopic 2% down from last weekend!), it set the record for highest-grossing second weekend ever, beating out The Dark Knight’s $75.2 million last year.  Oh, and Avatar has grossed over $623 million in two weeks.

In the runner-up spot this weekend was the debut of Sherlock Holmes with an impressive $62.4 million.  It seems that Robert Downey Jr. has made quite a name for himself with blockbusters like Iron Man and Tropic Thunder also under his belt in recent memory.

Coming in third this weekend was Alvin and the Chipmunks: The Squeakquel with $48.9 million over the weekend ($75.6 million in five days).  Despite horrible reviews, The Squeakquel is on its way to surpass the first of the franchise that grossed over $217 million.

Meanwhile, the mature romantic-comedy It’s Complicated grossed $22.1 million for fourth place and the expansion of Up in the Air grossed $11.8 million for fifth.

Check back on Friday for our new predictions when three new films are receiving wide releases against the record breaking films of this past weekend.  Lionsgate comes out with a new horror flick, Daybreakers, starring Ethan Hawke and Willem Dafoe.  Then the romantic comedy Leap Year starring the duo of Amy Adams and Matthew Goode.  And finally the Michael Cera comedy called Youth in Revolt.

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