Scorsese and DiCaprio Take Over the Weekend

Martin Scorsese's and Leonardo DiCaprio's Shutter Island easily took the number one spot this weekend, with about $40 million. This is both, their highest debuting movie.

Meanwhile, as expected, Valentine's Day had a sharp drop since last weekend (almost a 70% drop to be exact). That's what happens when you make a poorly reviewed movie based solely on a single holiday.

Another movie that dropped almost as much as Valentine's Day is The Wolfman, taking in about $10 million. However, unlike Valentine's Day, The Wolfman reportedly cost around $150 and will have a very hard time seeing a profit.

Avatar is still doing strong as it is nearing it's final couple of weeks in 3D. The James Cameron epic is getting closer to the $700 million mark domestically, and has already taken in $2.47 billion worldwide.

Weekend Estimates:
Shutter Island: $40.2 million ($40.2 million total)
Valentine's Day: $17.2 million ($87.4 million total)
Avatar: $16.1 million ($687.8 million total)
Percy Jackson & the Olympians: The Lightning Thief: $15.3 million ($58.8 million total)
The Wolfman: $9.8 million ($50.3 million total)


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Scorsese's long awaited new movie hits theaters this weekend.

Shutter Island
Why it might be a hit: Leonardo DiCaprio and Martin Scorsese's last film The Departed, grossed almost $300 million worldwide and won the Academy Award for Best Picture.
Why it might tank: It was supposed to be released last October. And usually pushing back a movie this big, means trouble is a brewing.

My Predictions
Shutter Island: $28 million
Valentine's Day: $21 million
Avatar: $18 million
Percy Jackson & the Olympians: The Lightning Thief: $17 million
The Wolfman: $16 million