Kung Fu Panda 2 comes second in battle of sequels

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Kung Fu Panda 2

Kung Fu Panda 2

True to its numeral, DreamWorks Animation’s “Kung Fu Panda 2” came in a solid second at the North American box office over the Memorial Day weekend.

Between Friday and Sunday, Kung Fu Panda 2 made $48 million at its opening weekend, although that’s considerably below the $60.2 million collected by 2008’s Kung Fu Panda when it first reached movie houses.

Since its Thursday opening, Kung Fu Panda 2 has drawn $53.8 million. Its distributor, Paramount, estimates that the continuing adventures of Po and pals will gather $68.2 million by the time the holiday weekend ends Monday night.

As well, Kung Fu Panda 2 garnered $57 million in 11 overseas countries, including $18.5 million in China.

The DWA sequel fared much below another sequel — the live-action The Hangover Part II, which opened at $86.5 million.

According to studio estimates Sunday, Hollywood should be setting a new revenue record for the long Memorial Day weekend.

Domestic grosses from Friday to Sunday totaled about $220 million. Monday’s results should mean that the four-day weekend will end with about $270 million, compared with the previous $254.6 million Memorial Day record set in 2007, said Hollywood.com box-office analyst Paul Dergarabedian.

[Via Associated Press — http://news.yahoo.com/…_en_ot/us_box_office]

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