Please note that because of the holiday, many of Tuesday's grosses are technically studio estimates. Also, there are no figures from Disney so far today.
On the heels of a strong international start over the weekend, Sony's The Amazing Spider-Man was off to a good domestic start on Tuesday with an estimated $35.0 million. The anticipated franchise reboot generated the largest Tuesday gross of all-time, topping the $27.85 million opening day Tuesday gross of Transformers back in 2007. It should also be noted that Transformers wore off some of its initial opening day demand from grossing $8.80 million in pre-midnight Monday night grosses (which placed its 1+ day total at $36.65 million). The Amazing Spider-Man grossed an estimated $7.5 million from midnight screenings, which is included in Tuesday's gross. Without taking into account 8 years of ticket price inflation, The Amazing Spider-Man opened just 13.5 percent softer than the $40.44 million Wednesday opening day performance of 2004's Spider-Man 2.
Transformers went on to gross $155.41 million in its first 6+ days of release. The Amazing Spider-Man will hope to open in the same neighborhood during its first six days of release, though being a franchise reboot as opposed to the first film of a new franchise could lead to more front-loading towards opening day in comparison. Check back throughout the week for further updates on the progress of The Amazing Spider-Man.
In other box office news on Tuesday, Universal's Ted fell one spot and a slim 4 percent from Monday to take second with an estimated $8.4 million. The Seth MacFarlane directed R-rated comedy starring Mark Wahlberg has grossed $71.54 million in just five days and is on course to reach the $100 million domestic milestone on either Friday or Saturday. Ted is currently running a very impressive 42 percent stronger than the $50.40 million five-day start of 2010's Grown Ups.
Warner's Magic Mike continued to stabilize on Tuesday as it was up a healthy 9 percent over Monday to gross an estimated $5.45 million. The Steven Soderbergh directed film starring Channing Tatum continues to exceed expectations with a five-day start of $49.599 million. That places the low-budget film just 12 percent behind the pace of the $56.09 million five-day start of this year's The Vow (which had the added benefit of Valentine's Day falling on its fifth day of release).