Sunday, June 8, 2008

"Kung Fu Panda" kicks hard at box office

Summary: Po, the lumpy hero of "Kung Fu Panda," and his buddies have reason to celebrate. They're box-office champs.

Moviegoers this weekend showed welcome discernment, pumping more money into "Kung Fu Panda" ($60 million) than into Adam Sandler's "You Don't Mess With the Zohan" ($40 million). Meanwhile, "Indiana Jones and the Kingdom of the Crystal Skull" ($22.8 million) crept back in front of "Sex and the City" ($21.3 million), last weekend's big winner.

Gas may be heading toward $5-a-gallon, home sales may be slumping and unemployment may have topped five percent, but Hollywood continues to rake in the bucks. Look for "The Incredible Hulk" to score big next weekend, continuing the trend and again proving that economic hardship can be a boon for industries specializing in escapism.

For this week's figures head to Boxoffice Mojo.

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