'The Hobbit' Earns $16M at International Box Office
"The Hobbit: An Unexpected Journey" continued its completely expected domination of the global box office, adding $16 million to its haul from overseas markets.
After two days of release, the first installment in the new trilogy has earned $27.3 million from 42 markets, Warner Bros. said. The film, a precursor to Peter Jackson's "Lord of the Rings" trilogy, also earned $13 million domestically from midnight screenings.
Also read: 'The Hobbit' Earns $13M in Midnight Showings
Analysts expect the film to gross in the $100 million range stateside, which would shatter the December record of $77.2 million set by 2007's "I Am Legend."
The film is directed by Jackson and stars Ian McKellen as the wizard, Gandalf, and Martin Freeman as the titular hobbit, Bilbo Baggins.
Overseas, top territories included the United Kingdom ($3.4 million), Germany ($2 million), South Korea ($1.2 million) and France ($1.2 million).
New Line and Metro-Goldwyn-Mayer co-produced and co-financed the film.
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