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'Hobbit' stays No. 1 despite big drop

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Tiny hobbit Bilbo Baggins is running circles around some of the biggest names in Hollywood. Peter Jackson’s “The Hobbit: An Unexpected Journey” took in $36.7 million to remain No. 1 at the box office for the second-straight weekend, easily beating a rush of top-name holiday newcomers. Part one of Jackson’s prelude to his “The Lord of the Rings” trilogy, the Warner Bros. release raised its domestic total to $149.9 million after 10 days. The film ...

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