Monday, June 14, 2010

The Karate Kid beats The A-Team

1 The Karate Kid (2010) $56M
2 The A-Team (2010) $26M
3 Shrek Forever After (2010) $15.8M
4 Get Him to the Greek (2010) $10.1M

Rebooting franchises isn't always a popular idea, but in many cases, it's a profitable one. Such was the case this weekend as two updates on classic properties entered the box office arena in the form of "The Karate Kid" and "The A-Team," with the kung fu-centric reboot coming out in first place.

Mister Miyagi and Daniel LaRusso might be gone, but audiences haven't forgotten their love for the "Karate Kid" series. The latest addition to the series enjoyed a massively successful opening weekend with $56 million earned by Sunday's conclusion. It's a fantastic result considering that "The Karate Kid" cost only $40 million to produce, a sure sign that leading actors Jaden Smith and Jackie Chan will be back for future big screen martial arts adventures.
But it's a different story for "The A-Team," director Joe Carnahan's updated take on the 1980s television series. The Liam Neeson and Bradley Cooper-starring reboot took home just $26 million domestically and $15 million from foreign markets, an unimpressive showing given the movie's $110 million production budget. Based on the film's opening weekend numbers, it's likely that fans won't see Hannibal Smith, Faceman Peck, B.A. Baracus and Howling Mad Murdock again anytime soon.
The remainder of the top five performed as expected, with "Shrek Forever After" staying strong with a $15.7 million third place finish. "Get Him to the Greek" and "Killers" held onto the final two top five spots in their second weeks in theaters.

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