Gravity Wins Weekend with $44.2 Million [Box Office Update]

Gravity saw a rare drop of only 20.7% in its second weekend and easily took the top spot with $44.2 million. To date the movie has earned $123.4 million with an estimated production budget of $100 million. With positive word of mouth, a great reaction from critics, and plenty of Oscar buzz, expect this movie to stay in the top ten for quite some time.

Captain Phillips took second place with $26 million, which isn't a bad start for the new Tom Hanks movie. With a relatively modest budget of $55 million, it should have no problem getting out of the red. The other new opening this weekend was Machete Kills, which failed to draw a significant amount of interest. While the first movie had an opening weekend of $11.4 million back in 2010, the sequel only managed to earn $3.7 million.

Moving on to horror at the box office, Insidious Chapter 2 earned $2.6 million and this could be its last weekend in the top ten. However, it will have no problem crossing the $80 million mark in the US before it leaves theaters.

Next week sees the first, and only, major horror release in October, the remake of Carrie. Other movies opening next weekend include Escape Plan and The Fifth Estate. Here are the top ten results for this weekend:

1. Gravity - $44,265,000
2. Captain Phillips - $26,000,000
3. Cloudy With a Chance of Meatballs 2 - $14,200,000
4. Machete Kills - $3,797,000
5. Runner Runner - $3,725,000
6. Prisoners - $3,665,000
7. Insidious Chapter 2 - $2,650,000
8. Rush - $2,364,000
9. Don Jon - $2,340,000
10. Baggage Claim - $2,075,000