Despite the fact that the story has been around for centuries, an ancient tale mixed with the latest in motion capture technology took top honors last weekend. Bee Movie held onto second place in its third week, outdoing last week's other big release Mr. Magorium's Wonder Emporium.

1. Beowulf
$27.5 million
2. Bee Movie $14 million
3. American Gangster $12.8 million
4. Fred Claus $11.9 million
5. Mr. Magorium's Wonder Emporium $9.6 million

This week the holiday box office season starts in earnest with five new releases, and another going into wider release.

August Rush
What's It All About: A young musical prodigy, separated from his parents at birth uses his talent as a clue to find them. Kerri Russell and Freddie Highmore star.
Why It Might Do Well: A story about a family's struggle to be reunited would seem appropriate for the holiday season.
Why It Might Not Do Well:
Since it's now November, the title may fool people into thinking this one has been out for three months already. Also, is only giving this a 55% rating.
Number of Theaters: 2,310
$5.5 million

What's It All About: A fairytale/cartoon princess finds herself transported to modern day New York.
Why It Might Do Well: While August Rush is about family this one is for families, and that's going to make the big difference. It's got a cute premise, a trailer with a few laughs, an 88% fresh rating at, and the widest release of the week. I think this is our number one movie.
Why It Might Not Do Well: Don't see that happening.
Number of Theaters: 3,730
$39 million

What's It All About: A hired gunman finds political intrigue in Europe in this film based on the video game.
Why It Might Do Well: Fans of the game will probably flock to see what appears to be a great looking film.
Why It Might Not Do Well: You don't see a lot of great films based on video games. Resident Evil wasn't bad, but I'm still gagging on the badness that was Silent Hill.
Number of Theaters: 2,457
Prediction: $11 million