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Sunday, May 25, 2008

'Indy IV' tops $100m over Memorial Day weekend

If estimates hold, it looks like Indiana Jones and the Kingdom of the Crystal Skull has broken past the $100 million mark over the Friday-Sunday portion of the Memorial Day weekend, putting up $126 million since its Wednesday release date. Directed by Steven Spielberg, this fourth offering in the Indiana Jones pantheon averaged an incredible $23,708 in 4,260 theaters. Budgeted at $185 million, the Harrison Ford starrer looks on pace to be one of the year's biggest blockbusters.

On the flip side, Disney's megabudget fantasy sequel The Chronicles of Narnia: Prince Caspian fell a whopping 58% this weekend, thanks to heavy competition and presumably lukewarm word of mouth. The $200 million budgeted epic took in just $23 million in its sophomore frame, compared with a 51% drop and a $31.8 million second weekend for its predecessor The Lion, the Witch and the Wardrobe. In ten days, the Disney release has grossed $91 million, compared to $113 million for its 2005 predecessor over the same period.

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