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Saturday
07Jun2008

Box Office - Friday's Big for the 'Panda' Express

It appears that the first full weekend in June will go exactly according to plan. Kung Fu Panda charged out of the gate on Friday, earning $20 million according to Box Office Mojo, and Adam Sandler's You Don't Mess With the Zohan proved he still has enough muscle to make noise in the multiplex.

The new releases are expected to open in first and second place, and unless something catastrophic happens between now and Monday, the first competitive weekend of the summer will wind up exactly that way. Last week, Sex and the City made $26 million on opening day, leveling off mightily over the rest of the weekend. I actually expect Kung Fu Panda's numbers to rise significantly today, because this is traditionally the biggest day of the weekend for family films, meaning we could see a repeat of Sex's $56 million performance from a week ago, even with Sarah Jessica Parker's $6 million head start.

As for Zohan, $15 million is nothing to sneeze at. If it were in the same number of theaters as Kung Fu Panda, that number would be about $18 million. Still, Sandler's latest should open in the $40 - $45 million range, a little higher than we gave it credit for in our Thursday forecast, and enough to set him up for his sixth $100 million-earning comedy in a row.

We predicted Sex and the City would continue to tumble this weekend, and it has: $7 million on Friday compared to $26 million a week ago. That's a 73% drop from last week, if my math is right, and that spells doom for this movie after this stanza.

Indiana Jones might eclipse $250 million by the end of the weekend, with about three weeks left of activity to see if it can hit $300 million. Iron Man most likely will get to that number within the next two weeks. Incidentally, Iron Man is now the fourth highest grossing comic book movie ever, behind the three Spider-Man films, and comfortably ahead of Tim Burton's Batman.

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