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'Speed Racer' comes in 3rd as 'Iron Man' maintains grip



12 May 2008 @ 06:19 pm EST

LOS ANGELES (AP) - Warner Bros.' "Speed Racer" downshifted to third place in its debut weekend with $18.6 million in box-office receipts while Marvel Studio's "Iron Man" kept a lock on first with $51.2 million in ticket sales.

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The Wachowski brothers' anime-inspired racing movie came in about $1.6 million short of studio estimates Sunday, finishing way behind expectations. The studio, owned by Time Warner Inc., said the movie would have a tough time covering its $120 million budget.

"What Happens in Vegas," 20th Century Fox's comedy starring Cameron Diaz and Ashton Kutcher, meanwhile pulled down $20.2 million for second, slightly above estimates made early Sunday.

"Iron Man," which stars Robert Downey Jr. in the title role, saw revenue slip a respectable 48 percent from its opening weekend, bringing its domestic sales to a total of $177.8 million. The film is being distributed by Paramount Pictures.

The top 20 movies at U.S. and Canadian theaters Friday through Sunday, followed by distribution studio, gross, number of theater locations, average receipts per location, total gross and number of weeks in release, as compiled Monday by Media By Numbers LLC:

1. "Iron Man," Paramount, $51,190,629, 4,111 locations, $12,452 average, $177,825,024, two weeks.

2. "What Happens in Vegas," Fox, $20,172,474, 3,215 locations, $6,274 average, $20,172,474, one week.

3. "Speed Racer," Warner Bros., $18,561,337, 3,606 locations, $5,147 average, $18,561,337, one week.

4. "Made of Honor," Sony, $8,116,323, 2,734 locations, $2,969 average, $26,791,494, two weeks.

5. "Baby Mama," Universal, $6,225,790, 2,627 locations, $2,370 average, $40,836,370, three weeks.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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