Karate Kid Waxes Competition

Ralph Macchio was nowhere to be seen, but The Karate Kid is alive and kicking.  

Will Smith and Jada Pinkett Smith's offspring, Jaden, toplined Sony's remake of the Karate Kid, with Jackie Chan taking on the role of Mr. Miyagi.  The Karate Kid took in a whopping $56 million over its opening weekend.  

To put that opening in perspective, Jaden's father is one of the highest grossing movie stars of all time (approximately $2.5 billion so far), and has only had two films with larger opening weekends (Hancock and I Am Legend).  Not bad for a 12 year old.

With a budget of only $40 million, The Karate Kid could prove to be one of the most profitable films of the summer.

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Shrek 4 Threepeats at Weak Weekend Box Office

Shrek Forever After, the fourth film in the Shrek series, took the box office crown for a third weekend, bringing in another $25.3 million to bring its domestic box office total to $183 million so far.

The number two spot belonged to Universal's Get Him to the Greek, a spin off of Forgetting Sarah Marshall.  The Jonah Hill/Russell Brand starring film took in $17.4 million in its first weekend.

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