Usually January is a wasteland for the box office, dominated by award bait films, studio dump offs and the sputtering remains of the Christmas blockbusters. This week, one new film braved these difficult days and came out with very respectable numbers.

The Devil Inside debuted on over twenty-two hundred screens, bringing in an estimated thirty-four and a half million dollars. The satanic possession horror film raked in the 3rd highest January opening ever behind Cloverfield and  the special edition re-release of Star Wars back in ’97. The movie had a production budget of only one million, which makes this weekend a pretty big win for Paramount.

Coming in second place this weekend was Mission: Impossible – Ghost Protocol , which continued it’s very impressive run. With another twenty million, it now is on pace to threaten Mission: Impossible 2 as the series’ top grosser. The movie has had several weeks of really solid holds and is proving to be the big winner of the crowded holiday season.

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Those of you who follow our weekly Box Office Report may have noticed that we skipped our report last week. It wasn’t for any other reason than it was the saddest and weakest week that the US box office brought in all year. It was pretty depressing.

We figured, given the fact that two blockbusters (one with a soft opening of 425 theaters) and a kids’ threequal was hitting theaters, there was bound to be a boom in ticket sales. Or so we thought.

This weekend, the big hit (and that’s speaking wildly) was Warner Bros’ Sherlock Holmes 2, which netted only $40 Million. That’s about $20 Million less than the first film brought in on its first weekend.

The margin after that first film was also pretty massive, as Alvin and the Chipmunks: Chipwrecked pulled in a whole third of their production budget with a total of $23 Million for the weekend. This was the lowest of the three films’ opening weekends, which was about half of both films’ respective opening totals.

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