UPDATE 3-No box office killing for big-budget 'Jack the Giant Slayer'

Sun Mar 3, 2013 2:30pm EST
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By Lisa Richwine and Patricia Reaney

March 3 (Reuters) - "Jack the Giant Slayer," the first big-budget action film of the year, was anything but a killer at the weekend box office.

"Jack," a retelling of the "Jack and the Beanstalk" fairy tale, earned the No. 1 spot on domestic box office charts with $28 million in ticket sales in U.S. and Canadian theaters, according to studio estimates compiled by Reuters on Sunday.

But that was an underwhelming start for a 3D movie that cost $189 million to produce, plus tens of millions more to market.

"Jack the Giant Slayer" also grossed $13.7 million from 1,824 screens in 10 Asian markets.

Comedy "Identity Thief" took in $9.7 million to capture second place, and new adult comedy "21 and Over" finished in third place on domestic charts with $9 million in ticket sales from Friday through Sunday.

Low-budget horror sequel "The Last Exorcism Part II" took the No. 4 slot with $8 million, according to studio estimates.

"Jack" clearly was not a great opening by any means, said Phil Contrino, vice president/chief analyst with Boxoffice.com.   Continued...