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CONTRABAND: A LICENSE TO PRINT MONEY

January 15, 2012 by · Leave a Comment 

Universal’s Contraband, starring Mark Wahlburg, smuggled $24.5 million into the U.S. box office over the weekend and is expected to increase that amount to around $29 million over the four-day Martin Luther King Jr. holiday. Most box-office pundits had figured it would earn around $20 million. Disney’s 3D digital re-release of Beauty and the Beast also had a solid debut, taking in $18.5 million over the three days. But the Queen Latifah/Dolly Parton musical Joyful Noise failed to produce either joy or noise as it opened below forecasts with just $11.3 million. Last week’s champ, Paramount Insurge’s The Devil Inside, was expected to collapse in its second weekend — and it did. It dropped 77 percent to $7.9 million over the three days. Meanwhile, the total gross for Paramount’s Mission: Impossible — Ghost Protocol continued to rise like a Dubai burj. With the film earning $11.5 million, the movie has now piled up $186.74 million, and is likely to cross the $200-million mark by next weekend. In its fifth weekend, it was the third-highest earner. Also continuing to perform strongly was Warner Bros.’ Sherlock Holmes: A Game of Shadows, which earned $842 million over the weekend, bringing its five-week total to $170 million. Estimated overall revenue for the three-day weekend came to $114.5 — virtually identical to the same weekend a year ago ($115 million), when The Green Hornet led with $33.5 million.

The top ten films for the weekend, according to studio estimates compiled by Box Office Mojo:
1. Contraband, $24 million; 2. Beauty and the Beast, $18.5 million; 3. Mission: Impossible — Ghost Protocol; 4. Joyful Noise, $11.3 million; 5. Sherlock Holmes: A Game of Shadows, $8.4 million; 6. The Devil Inside, $7.9 million; 7. The Girl with the Dragon Tattoo, $6.8 million; 8. Alvin and the Chipmunks: Chipwrecked, $5.8 million; 9. War Horse, $5.6 million; 10. The Iron Lady, $5.3 million.