Friday Box Office Estimates: "Karate Kid" Kicks "The A-Team"s Ass

Sony's reboot of "The Karate Kid" starring Jaden Smith and Jackie Chan opened to huge box office on Friday according to estimates, easily defeating Fox's big screen adaptation of the 1980s TV series "The A-Team".

Produced by Will and Jada Pinkett Smith's production company for a fairly low-budget $40 million, the Sony film debuted on 3,663 screens for a $19 million opening day. The PG-friendly drama should see a healthy spike during Saturday matinees. Watch for this "Kid" to kick up approximately $54-57 million for its debut weekend.

The other 1980s flashback that debuted on Friday, Fox's pricey action flick "The A-Team" opened to a mediocre $9.5 million from 3,535 screens. The PG-13 action flick was expected to give "Kid" a run for its money this weekend, but it wasn't even close. Depending on how the word of mouth works out for Hannibal and his boys, the film might finish the weekend with $27-29 million which is good, but not quite the level that was expected from the studio.

In third place was recent three-week winner "Shrek Forever After" with $4.5 million in ticket sales, "Get Him to the Greek" was in fourth place with $3.2 million and fifth place went to "Killers" with $2.6 million in ticket sales. Is it me or have the ads for the last movie all but disappeared following its dismal opening last weekend?

Check back on Sunday for the top ten in ticket sales.