The Hobbit tops US Box Office

The Hobbit took the US box office title for a second time.

The cast of The Hobbit pose on stage at the world premiere in Courtenay Place, Wellington, New Zealand on 28 November 2012. Picture: AFP /Marty Melville

Cruise's crime drama Jack Reacher, a film about a fatal sniper attack, landed in second place with $15.6 million. In third place, adult comedy "This is 40" pulled in $12 million, according to studio estimates compiled by Reuters on Sunday.

Domestic ticket sales for The Hobbit: An Unexpected Journey fell by about 57 percent during the film's second weekend. Movie receipts typically drop 40 percent to 60 percent each week.

In international markets, _Hobbit _sales reached $284 million and brought the movie's global take to $434 million, distributor Warner Bros. said.

The Hobbit is the first of three movies based on the classic J.R.R. Tolkien novel set in the fantasy world of Middle Earth. The films, produced by MGM and Warner Bros.' New Line Cinema, are prequels to the blockbuster "Lord of the Rings" franchise that brought in box office gold a decade ago.

Producers of The Hobbit and other films hope to enjoy a big boost this week around the Christmas and New Year's holidays. The current crop will face competition starting on Tuesday, Christmas Day, from Quentin Tarantino's Western Django Unchained, musical Les Miserables and comedy Parental Guidance.

Sales over the coming days are expected to push 2012 to a domestic box office record. The year is on track to finish with $10.8 billion worth of ticket sales in the North American (US and Canadian) market, according to a projection from box office tracker The current record is $10.6 billion, set in 2009.