LOS ANGELES (

TheStreet

) -- The latest installment of the Harry Potter saga conjured a box office win on its opening weekend.

Harry Potter and the Deathly Hallows: Part 1

had U.S. revenue of $125.1 million on its debut, making it the weekend's top-grossing movie by a wide margin, according to

Box Office Mojo

.

Megamind

was second with $16.2 million.

The new Harry Potter film's opening weekend was the sixth most successful in history. And the movie's revenue topped its predecessors in the Harry Potter franchise. The previous best was

Harry Potter and the Goblet of Fire

, which brought in $102.7 million on its debut in 2005.

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However, an

Associated Press

report noted that when today's higher ticket prices are factored in, the latest Harry Potter film had roughly the same sized audience on its opening weekend as

Goblet of Fire

, with both films selling about 16 million tickets.

Deathly Hallows: Part 1

was distributed by

Warner Bros.

, a unit of

Time Warner

(TWX)

.

Shares of Time Warner ended Friday up 25 cents at $30.76.

This article was written by a staff member of TheStreet.