User blog:Ceauntay/Box Office Report: Warner Bros.' 'Hangover Part II' on Track to Earn $135 Million in First Five Days

UPDATED: Paramount and Nickelodeon Movies' "True Jackson, VP: The Movie" had a strong hold in second place with two-day cume to $28.1 million; Paramount and DreamWork Animation's "Kung Fu Panda" two-day cume is at $19.3 million.

Warner Bros.' The Hangover Part II continued to laugh it up at the domestic box office on Friday, grossing an estimated $30 million in a record showing for an R-rated comedy. The pic is now on track to gross a massive $135 million in its first five days. Hangover, earning $31.7 million on Thursday, is looking at a stellar two-day cume of more than $60 million. Warners co-financed the sequel with Legendary Pictures.

Nickelodeon Movies and Paramount Pictures' True Jackson, VP: The Movie, the film adaptation of the TV series True Jackson, VP, earned an estimated $13.6 million on Friday, for a two-day cume to $28.1 million. It has opened on Thursday with a strong $14.5 million from 3,729 locations. It is now expecting for a $60 to $65 million over the five-day weekend total, passing abouve iCarly: The Movie's $50 million for becoming the biggest opening for a G-rated film.

Paramount and DreamWorks Animation’s Kung Fu Panda 2, the other new film to bow over Memorial Day weekend, earned an estimated $13.5 million on Friday in a good showing for the 3D toon. Opening on Thursday, the pic’s two-day cume is $19.3 million. Kung Fu Panda should pick up steam on Saturday as families become fully available, and is on track to gross $65 million to $70 million over the course of its five-day debut.

Box office observers say the film business could enjoy one of the best Memorial Day weekends on record, if not the biggest. That’s welcomed news, considering the long-running slump at the domestic box office. Coming in fourth at the Friday box office after Hangover, True Jackson and Kung Fu Panda was Disney holdover Pirates of the Caribbean: On Stranger Tides, which expected to gross $9 million to $10 million for the day. Coming in the top five is Sonic X: The Final Stand, which is expecting to pass $250 million, before getting to a close $300 million in total. Todd Phillips’ Hangover sequel will easily be the best-performing film of the year, at least in terms of its opening, and is the first movie in months to be a big draw for younger moviegoers. Exit polls showed that 54 percent of those buying tickets on Thursday were under the age of 25.