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'Ted' outstrips 'Mike' in big box-office weekend

2:55 PM, Jul 1, 2012   |    comments
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LOS ANGELES -- It's both a bear and bull market for Hollywood.   The bear is "Ted," Mark Wahlberg and Seth MacFarlane's comedy about a talking teddy bear, which opened as the No. 1 movie with $54.1 million.  

And the bulls are baring it in "Magic Mike," Channing Tatum and Steven Soderbergh's male-stripper tale, which debuted a strong No. 2 with $39.2 million.

Photos: 'Magic Mike' movie

The two new movies were backed by a deep bench, with Pixar Animation's fairy tale "Brave" holding up well at No. 3 with $34 million in its second weekend. "Tyler Perry's Madea's Witness Protection" opened solidly at No. 4 with $26.4 million.  

The four movies combined to keep Hollywood in the money compared to the same weekend last year, when "Transformers: Dark of the Moon" launched with nearly $100 million.

The Associated Press

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