'Beauty and the Beast' makes box office magic with $170M debut

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'Beauty and the Beast' makes box office magic with $170M debut

Watson was reportedly offered Dollars three million upfront, but her profits will likely end up being considerably larger upon the film's total gross. A dazzling $22.8M in the United Kingdom gave BATB the highest grossing 3-day opening weekend ever for a PG title; and China opened to $44.8M for the biggest-ever Disney Live Action launch weekend.

"'Beauty and the Beast' is the latest example of Disney's perfectly executed strategy of going to their animation vaults, dusting off a classic and reinventing it as a modern live-action movie", said Paul Dergarabedian, senior media analyst at comScore.

That jumps the previous record holder, "Batman v Superman: Dawn of Justice", which opened to $166 million past year.

Disney's live-action remake of "Beauty and the Beast" blasted through box office records to open with an estimated 170 million USA dollars in North American ticket sales and 180 million US dollars overseas.

The film, which stars Emma Watson as Belle, is another blockbuster hit for Disney's live action reboots of animated films. "Beauty and the Beast" follows other successful live-action Disney film remakes such as "Alice in Wonderland", "Cinderella", "Maleficent," and "The Jungle Book", which made its debut past year. The figure is the best ever attained in March - and the seventh-biggest opening gross in history.

It carries a hefty $160 million budget but it has already recouped that and looks likely to earn far more as its run continues.

Disney has proven once more that audiences have a thirst for live-action remakes of its animated classics.

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