'Harry Potter' Tops Weekend Box Office
LOS ANGELES (
) -- 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.
