'Guardians of the Galaxy Vol. 2' blasts off with $145M debut

Guardians of the Galaxy Vol. 2’ rockets to No. 1

Ortega Getty Images"Guardians Of The Galaxy Vol. 2 pulled in $145 at the box office this weekend

"This weekend the movie earned an estimated $124 million overseas after opening in several more major foreign markets including Korea, Russia and China", wrote Variety News Editor Seth Kelley. It's off to a pretty good start, though.

Director James Gunn (R), actor Dave Batista (L) and actress Zoe Saldana attend a press conference of the American movie "Guardians of the Galaxy" held in Singapore's Marina Bay Sands Expo on July 10, 2014 as part of their South East Asia media tour. Box Office Mojo estimates that the film could gross over $400 million domestically in total. That more than doubles its production budget, which was $200 million. However, it's brand new adventures like Doctor Strange, which opened against Trolls and Hacksaw Ridge, and Ant-Man, which debuted against Trainwreck, that don't seem to pose as much of a threat to rival studios. The $145 million the film earned this weekend was nearly 54 percent higher that the $94.3 million the first film earned.

I predict that the Guardians will remain at the top of the box office next weekend as they face off against two new wide releases, including King Arthur: Legend of the Sword starring Charlie Hunnam and Jude Law.

"The Fate of the Furious", $8.5 million ($30.1 million international).

Emma Watson continued her dominance of this week's box office by bringing in $4 million with The Circle. It surpassed Finding Dory's $486 million domestic total to become the highest grossing Disney movie (excluding Dinsey-owned outside franchises like Star Wars and Marvel). While the movie has done extremely well, it will have to settle for second place behind the previous franchise entry, Furious 7. How to be a Latin Lover and Beauty and the Beast round out the top five, respectively.

"The Boss Baby", from Fox, took third with $6.2 million from 3,284 locations. For those who were unaware, Beauty and the Beast has been one of the biggest performing films of 2017. Marvel's The Avengers remains the universe's biggest hit with a global lifetime total of $1.5 billion.

Guardians 2 launched last week in select worldwide countries, and with the wide release in major markets including China, Japan and Korea this weekend, it has generated a staggering $425 million globally.

China's Xi says Belt and Road needs to reject protectionism
Pentagon: North Korea Is a Liability for China, Not an Asset