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Avatar Still at No. 1 During a Record-Breaking Holiday Weekend

Box Office: Avatar Is Still Wowing Audiences at No. 1

Thanks to a few film juggernauts, it was a record-breaking weekend at the movies, with the industry taking in an unprecedented $278 million in sales. Leading the pack was reigning champ, Avatar. Despite three big releases breaking into the top five, no one was able to unseat James Cameron's sci-fi spectacle, which brought in $75 million in its second week (that's an incredibly small drop off of only 2.6 percent from last weekend's final gross).

Robert Downey Jr. and Jude Law gave a strong showing at No. 2 with their Sherlock Holmes raking in $65.3 million and breaking the record for biggest Christmas opening ever. Alvin and the Chipmunks: The Squeakquel followed at No. 3 with $50.2 million. The Meryl Streep comedy It's Complicated earned $22.1 million for fourth place, and finishing out the top five was Up in the Air with $11.7 million.

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