Well, I have officially run out of clever ways to say that Avatar won the weekend box office, and I think I still have weeks, if not months, to go. For the fourth week in a row, Avatar ruled the domestic box office and it has now made a mind-blowing $429 Million in one month. The movie dropped almost 30% from last weekend, yet still managed a hefty $48 Million, which places it in the seven spot for highest grossing movie (domestically) ever. It has earned $1.2 Billion globally.

Trailing the top earner were Sherlock Holmes, and Alvin and the Chipmunks: The Squeakquel, which each made around $16 Million. Holmes has now made $165 Million in three weeks, and Squeakquel has made $178 Million in as many weeks. Both look poised to surpass $200 Million during their theatrical runs.

New releases were almost shut out of the top five this weekend, but the vampire horror flick Daybreakers, starring Ethan Hawke, managed to squeeze into fourth place with a respectable gross of $15 Million. It’s Complicated took the number five spot, and made $11 Million, for a cumulative total of $76 Million. The critically maligned  romantic comedy Leap Year stirred enough interest to make about $9 Million for sixth place.

Well, it is the first box office recap of 2010, and it looks like I’ll be dropping  the “B” word, as in “Billion.”  Avatar sailed over the billion dollar mark in only its third week in release. Thanks to this worldwide total, it now sits comfortably at the  number four position of highest grossing movies of all time, right behind Pirates of the Caribbean: Dead Man’s Chest.

It has already exceeded the total that took The Dark Knight its entire theatrical run to achieve, and Avatar has shown no signs of  slowing down. The movie dropped less than 10% from last weekend and made $68.3 Million, bringing its domestic total to over $352 Million.

There was plenty of box office love to go around this weekend, and several movies did exceptionally well. Sherlock Holmes added another $38.3 Million to its two week total, which now stands at over $140.7 Million. Alvin and the Chipmunks: The Squeakquel made $36.6 Million, for an impressive two week cumulative of $157.3 Million.

The adult comedy It’s Complicated only dropped  15% from its Christmas weekend opening, and racked up $18.7 Million for a strong fourth place. Fifth place went to The Blind Side, which has been in the top ten for over seven weeks now. It actually increased its total 10% over last weekend, and has made over $209 Million now.

Seems that film studios received plenty of holiday cheer this past holiday weekend. Audiences flocked to a myriad of movies, which resulted in the highest grossing domestic box office on record. When the dust had cleared, a massive $278 Million had been earned at the box office, which bested the previous record ($260.8 Million) set by The Dark Knight opening weekend in July 2008. The top three films alone grossed over $190 Million, an astonishing number.

Avatar has many prognosticators eating crow, as it dropped only a few percentage points from its opening total and made about $75 Million, earning a solid first place finish. Its 10 day total now stands at $212 Million, and worldwide, the film has made over $617 Million! At this point, there is little question it will earn its purported $300-$500 Million budget back.  After months of speculation, Fox studio heads can finally exhale a sigh of relief.

Guy Ritchie’s Sherlock Holmes also fared well, and made over $65 Million its opening weekend. Robert Downey Jr. continues to prove he is a major box office draw. Fox also saw Alvin and the Chipmunks: The Squeakquel place in the top three with $50 Million. The adult comedy Its Complicated earned a respectable $22 Million on just under 2,900 screens.