‘Breaking Dawn – Part 1’ Holds Off ‘The Muppets’ on Wednesday

on November 24, 2011 by Daniel Garris
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BoxOffice.com's Early 5-Day Estimates:

Breaking Dawn - Part 1: $57.0 million
The Muppets: $44.0 million
Happy Feet Two: $21.0 million
Arthur Christmas: $18.0 million
Jack and Jill: $14.0 million
Immortals: $13.0 million
Puss in Boots: $12.0 million
Hugo: $11.7 million
Tower Heist: $9.0 m
The Descendants: $8.0 million
J. Edgar: $6.2 million

Please note that because of the holiday, grosses are estimates today.

Summit's The Twilight Saga: Breaking Dawn - Part 1 grossed $12.5 million on Wednesday to hold onto first place at the daily box office with ease. The fourth Twilight film led Disney's The Muppets by $5.9 million for the day. While The Muppets should close the percentage gap between the two over the next few days, that is a big enough lead that Breaking Dawn - Part 1 will emerge as the top film over the extended holiday frame with a five-day take in the area of $57 million. Breaking Dawn - Part 1 has grossed $171.5 million through six days of release, placing it 4 percent behind the pace of 2009's The Twilight Saga: New Moon. Breaking Dawn - Part 1 is on course to have a total domestic gross in the area of $216 million at the end of Sunday.

In the battle of three new family films, The Muppets was the clear winner on Wednesday with a second place start of $6.6 million. Disney's re-launch of The Muppets franchise opened 17 percent below the opening day performance of the studio's Enchanted, which grossed $7.97 million on the Wednesday before Thanksgiving back in 2007. With The Muppets appealing to both family and non-family audiences, it is possible, but not guaranteed, that the film can avoid the type of second day decline Enchanted experienced on Thanksgiving Day. With that said, there is a bit more room for error in trying to project the five-day start for The Muppets at this point, but the film currently appears headed for a very solid five-day start in the neighborhood of $43 million - $45 million.

Warner's Happy Feet Two claimed third place with $2.9 million, while Sony's Arthur Christmas followed in fourth with $2.4 million. Although it is in its first weekend as opposed to its second weekend, Arthur Christmas may actually hold up slightly better than Happy Feet Two over the rest of the five-day frame thanks to its holiday theme. At this rate Happy Feet Two and Arthur Christmas are on pace for respective five-day grosses of $21 million and $18 million.

The week's other new family film, Paramount's Hugo, opened with $1.67 million on Wednesday. Opening weekend expectations for the expensive Martin Scorsese directed 3D film had been greatly diminished in part by Paramount's decision to launch the film in a modest 1,277 locations. Hugo is on course for a five-day start in the neighborhood of $11.5 million - $12.0 million and will obviously need to hold up extremely well after this weekend given the size of its price tag.

Fox Searchlight's The Descendants continued its strong platform roll out with $985,000 from just 390 locations. The Alexander Payne directed film starring George Clooney has grossed $2.49 million through eight days of release. The Descendants is currently headed towards an impressive five-day gross in the area of $8 million.

Happy Thanksgiving.

Follow @DanielBOXOFFICE on Twitter for additional box office updates.

Tags: The Descendants, Hugo, Arthur Christmas, Happy Feet Two, The Muppets, The Twilight Saga: Breaking Dawn - Part 1
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