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Nabs best midnight run ever for a Wednesday -- Paramount's "Transformers: Revenge of the Fallen" grossed an estimated $16 million in midnight runs, the second best ever after "The Dark Knight."

It's now officially a rock-'em, sock-'em summer! Paramount's Transformers 2: Revenge Of The Fallen shattered the Wednesday opening record set by Harry Potter And The Order Of The Phoenix (#5) in 2007 - $60.6M vs $44.2M. Even better for the studio, Transformers 2 came in 2nd only to 2008 box office phenomenon The Dark Knight for biggest opening day ever: $60.6M vs $67.1M. So now 2007 Spider-Man 3's $59.8M single day take drops down to #3. The robot sequel grosses from 4,234 North American theaters are $16M more than Paramount expected. That puts the sci-fi actioner on track for a $175M five-day opening despite overwhelmingly lousy reviews. But Paramount boasted how exit polling showed that 91% of the audience said "they liked this movie as much or better than the first". So this Decepticons vs Autobots battle is reviewer-proof.

Playing in just two key foreign markets, Paramount's "Transformers: Revenge of the Fallen" from director Michael Bay premiered No. 1 over the weekend on the international circuit.

The romantic comedy "The Proposal" proved seductive at the North American boxoffice Friday. Disney's PG-13 "Proposal," starring Sandra Bullock and Ryan Reynolds and directed by Anne Fletcher, opened in 3,056 theaters to a rosy estimate of $12.6 million, which should see it flirt with the $30 million mark for its first weekend.

"The Hangover" logged a second consecutive weekend atop the North American boxoffice with estimated three-day sales of $33.4 million.

That hijacked New York City subway car failed to crack through the juggernauts that are "The Hangover" and "Up" at the North American boxoffice on Friday.

Two A-listers duke it out in North American multiplexes in the new action thriller The Taking of Pelham 1 2 3 starring Denzel Washington and John Travolta which will challenge last weekend's top films Up and The Hangover for a three-way race to the number one spot. Eddie Murphy also joins the fun with his latest family comedy Imagine That which will try to enter the top five. Overall ticket sales should once again fall behind last year's numbers, only by a much wider margin this time.

The Hangover finished No. 2 and Pixar CGI toon Up, because of this four-quadrant pic's usual Saturday crowded matinees for kiddies, repeated as No. 1 with an impressive hold around -38%. Up was a strong No. 2 Friday with $13.1M from 3,818 plays, then added $17M Saturday for a $44M weekend. Pixar's 10th straight smash, Up will post a $117M cume, so that's two success stories this weekend.

Rapturous reviews and a colossal marketing campaign sent “Up” into the box office stratosphere over the weekend.

Hollywood planned a 2nd straight weekend friendly for family filmgoers who have pent-up demand. With 20% of K-through-12 out of school today, Pixar/Disney's 10th pic and first 3-D movie, Up, was able to get a jump on the domestic box office with busy matinees from 1,534 3-D theaters -- a record -- and a total of 3,766 theatres total.