The Hobbit: $37.5 million opening day

Peter Jackson’s latest movie, The Hobbit: An Unexpected Journey, earned $37.5 million on Friday, the biggest opening day ever for a December release.

As a comparison, the highest opening day in the Lord of the Rings trilogy was $34.5 million for The Return of the King.

For this latest adaptation of one of J.R.R. Tolkien’s works, Warner Bros. estimated opening weekend earnings of $100 million.

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