14 December 2012 10:35 AM, PST | EW - Inside Movies | See recent EW.com - Inside Movies news »

Warner Bros. has just announced that The Hobbit earned an estimated $13.0 million from midnight showings at 3,100 locations last night, giving it a per-theater average of $4,193 from midnight shows alone. It’s a nice recovery from the doldrums of the past two frames. When combined, the last two wide releases to hit theaters, Playing for Keeps and Killing Them Softly, couldn’t earn $13.0 million over their entire opening weekends. Included in The Hobbit’s midnight figure is $1.6 million that the film earned from 326 IMAX theaters.

Yesterday, I predicted a $110 million weekend for The Hobbit, which would make it the fifth-highest opening »

- Grady Smith

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