Quite a few reports around today about how the Warner Bros. decision to give British lo-fi filmmaker Gareth Edwards around $200million to direct a new version of Godzilla appears to have paid off...and handsomely.
Globally the film has snatched $196m (£117m) so far, making it the biggest global debut of 2014.
In the US, Gareth Edwards's film was in second place in term of debut takings with $93.2m. Captain America: The Winter Soldier did better with $95m in its first weekend when it hit cinemas last month. It beat the $91.6 million opening of The Amazing Spider-Man 2 two weeks ago. Interestingly, Godzilla has yet to open in the world's second largest box office, China ,so the takings are likely to jump again later.
The UK managed the highest opening outside North America, with $10.4m.
Unsurprisingly, following hot on the heels of the takings being made known, was the announcement by the studio that a sequel was green lit.
The Hollywood Reporter points out that this is a key moment for Godzilla backer Legendary Pictures. Legendary no longer has a first-look deal with Warners but the two companies will team on any future Godzilla movies. A new franchise seems to have been born.
If you want to know more about Godzilla's box office and its position in various rankings, peruse Box Office Mojo.