Disney's Beauty and the Beast is still ruling the roost. After getting a massive start at the box-office with an $350 million worldwide on its opening weekend, the film is topping the charts in its second week too. According to Trade Pundits, the film has raked in $88.3 million in its second weekend. The film declined just 49 percent from its opening weekend.
"The Beauty and the Beast weekend is one for the record books as the fourth-largest second weekend of all time, trailing only Star Wars: The Force Awakens at $149 million, Jurassic World at $106 million, and Marvel's The Avengers at $103 million," Huffington Post reported.
Other films that are competing for the BO slots are Lionsgate's rebooted Power Rangers opening with $40.5 million this weekend, Sony's space-thriller Life with a moderate $12.6 million and Warner Bros' action-comedy Chips failing to make a mark with a disappointing $7.6 million.
The report further added that live action film is already "55th on the all-time domestic list at $317 million. It's the fourth-largest 10-day domestic total ever." In another trade report on Deadline, it stated, "Overall in Europe, BATB was No. 1 for the weekend in all markets with the exception of Turkey and Ukraine. Across Latin America, it's tops in all territories. In Asia, Kong: Skull Island muscled in on No. 1, with BATB maintaining that spot in Australia, Hong Kong, Korea, Singapore and Taiwan."
Made with a budget of $160 million, "Beauty and the Beast" is directed by Bill Condon and stars Emma Watson and Dan Stevens in the lead. The film is a recreation of Disney's 1991 Oscar-winning animated classics. They have previously released other fairy-tale inspired films like Alice in Wonderland, Cinderella, Maleficent and last year's The Jungle Book.
"Nostalgia is a very powerful driver for these films. What's exciting here is there is an opportunity to see these beloved stories in a way that's never been seen before, but you get to build that on the foundation of something that's very familiar," Dave Hollis, head of distribution for Disney, was quoted saying.