U.S. box office on track for August record

|By:, SA News Editor

The top 12 films in the U.S. took in $128.8M over the weekend to mark a 6% improvement over last year's corresponding haul.

U.S. box office sales for August are on track to set a record for the month.

The development gives some support to the argument that the weak box office in June and July was tied to a weak slate - not fundamental demand shifts.

Teenage Mutant Ninja Turtles (VIA, VIAB) and Guardian of the Galaxy (NYSE:DIS) took in $28.4M and $24.7M, respectively, to dominate the weekend - while Expendables 3 (NYSE:LGF) limped in with a disappointing $16.3M opening.

Related stocks: RGC, AMC, CNK, IMAX, RLD, SNE, CMCSA, TWX, MCS, RDI, CKEC, FOXA, DWA.