Fred Business News - The most recent Indiana Jones film more than recouped its big budget with an estimated $311 million in global box office sales through the long weekend, according to studio estimates Monday.
Families went in droves to catch "Indiana Jones and the Kingdom of the Crystal Skull," a PG-13 adventure starring Harrison Ford as the whip-cracking archaeologist who took 19 years to return to the big screen.
Viacom Inc. (VIA)-owned Paramount Pictures estimated the action sequel made $151.1 million in the U.S. and Canada from Thursday to the holiday Monday and $160 million overseas, though not including Monday.
It marked the second biggest Memorial Day weekend opening ever, behind only "Pirates of the
Nearly a third of the domestic audience was made up of parents with their children, said Rob Moore, president of Paramount Worldwide Distribution.
"Adults really drove this opening. This is one of their favorite franchises and they couldn't wait to take their kids with them,"
The film cost a reported $185 million to make, even with the principal talent - Ford, director Steven Spielberg and writer George Lucas - deferring their usual fees for a greater share of the profits.
The first three Indy movies raked in $1.2 billion worldwide.
Source: Cnn.com
About Fred: Fred is president of The I Team Organization. With a back ground in agriculture Fred has lead many successful business ventures.
