Kung Fu Panda 3 wins the box office with $41 million

Kung Fu Panda 3 box office

“Kung Fu Panda 3” has karate chopped its way to a box office win.

The third installment in the popular 20th Century Fox and DreamWorks Animation film took in $41 million at the North American box off during its debut weekend.

Kung Fu Panda now holds claim to the third largest January opening of all time. It came in just behind 2015’s ‘American Sniper’ and 2014’s ‘Ride Along.’

Since debuting in 2008 Kung Fun Panda’s franchise has earned more than $1.3 billion globally.

The third film has voice talent from Jack Black, Bryan Cranston, and Angelina Jolie.

It’s the first “Kung Fu Panda” installment to open in January instead of the summertime. Rentral’s (RENT) senior media analyst Paul Dergarabedian thinks that move helped the movie dominate the box office this weekend.

“The ‘Kung Fu Panda’ franchise was a summer mainstay,” Dergarabedian said. “With a smart move to late January, which is known for an over-abundance of adult fare, they capitalized on the pent up need for entertainment at the multiplex for families.”

Internationally, the film brought in an estimated $75 million during its opening weekend in five territories including China and Korea, according to 20th Century Fox.

It was a great weekend for Fox as its Leonardo DiCaprio led film, ‘The Revenant’ took second place with $12.4 million. That movie is in its fourth week of release.

Disney’s “Star Wars: The Force Awakens” grabbed third with $10.7 million in its seventh weekend.

The space saga has brought in $895 million domestically and $1.98 billion worldwide at the box office.
“The Force Awakens” should cross $900 million domestically and $2 billion worldwide sometime later this week.

Written by Tammy Johnson

Tammy Johnson

Tammy Johnson is the Retail Editor at BusinessPundit. She focuses on Fortune 500 retail company's and disruptive brick-and-mortar and e-commerce companies that are changing the retail landscape.