"DR. SEUSS' THE LORAX" DEBUTS HUGE WITH $70.7 MILLION OPENING

Still from Dr. Seuss' The Lorax

Relevant in the '70s when it was first was written and definitely still poignant today, Dr. Seuss' The Lorax takes the top of the Box Office in its debut, connecting in a big way with audiences. The environmentally-conscious Animated 3-D Musical debuts to a huge $70.7 million opening from 3,729 theatres for Universal Pictures.  Its release was timed on what would have been Dr. Seuss' 108th Birthday.  Already recouping its $70 million production budget, its Cast features the likes of Betty White, Taylor Swift, Zac Efron, Ed Helms, Danny DeVito and many more, covering a wide range in terms of Fanbase already.  Critics however, gave it mixed reviews overall with it scoring 56% on Rotten Tomatoes' Tomatometer.

Exceeding the expectations of many, Warner Bros.' Project X opens in second spot this weekend with $20.7 million from 3,055 theatres.  Made for $12 million, the Party-Comedy produced by Todd Phillips (The Hangover) gave its first indication of success with an impressive Midnight Screening tally of $1.15 million on Friday.  Reviews on the other hand haven't been as stellar garnering 29% at Rotten Tomatoes, but it is connecting with the under-25 audience; CinemaScore rates it at a B.

Last week's Champion Act of Valor still continues to perform well in third, earning $13.7 million in its second week of release for Relativity Media, ahead of Safe House which still is going strong in fourth spot with $7.2 million.  In three weeks, it has tallied $108.2 million for Universal Pictures. Tyler Perry's Good Deeds from Lionsgate Films settles for fifth spot with $7 million in its second week.

Rounding out the Top Ten is Best Picture Winner at the Oscars last Sunday, The Artist with an expansion from 966 to 1,756 theatres, experiencing a 34% spike in its 15th week of release.

"ACT OF VALOR" SHOWS COURAGE AT BOX OFFICE

Still from Act of Valor

Proving that you don't always need big stars to score a Box Office hit, Relativity Media's Act of Valor comes out of nowhere and takes the number one spot this weekend with Moviegoers. Tallying $24.5 million, the Action-Drama starring real-life Navy SEALS, was made for $18 million approximately. A majority of the money paid by Relativity Media however was above its production costs, including $13 million for rights and then an additional $30 in advertising costs according to Deadline. Celebrity endorsements from the likes of Charlie Sheen and Joe Jonas definitely helped with word-of-mouth over the weekend, although Critics generally panned the Film, garnering 29% on Rotten Tomatoes.

Lionsgate Films scored a debut in second with Tyler Perry's Good Deeds, earning $16 million in its debut.  It did however open in only 2,132 theatres compared to Act of Valor, which opened in 3,039 theatres.  The Inspirational/Romantic-Drama was made for about $15 million and would appear to be slightly less of a success than Perry's earlier work which sees him portraying his most famous character, Madea. Alliance Films releases the Top Two in Canada.

Warner Bros.' Journey 2: The Mysterious Island still is going strong in third spot this weekend in its third week with $13.1 million, now earning a total $77.2 million domestically, ahead of last week's number one Movie Safe House in fourth with $11 million. To-date, the Action-Thriller starring Ryan Reynolds and Denzel Washington has made $97.7 million for Universal Pictures.

The Vow breaks the $100-million mark this weekend in fifth spot taking-in $10 million for Sony Pictures, while Comedy Wanderlust starring Paul Rudd and Jennifer Aniston didn't fare so well in its debut in eighth earning $5.8 million.  The same can be said about Amanda Seyfried-headlined Thriller, Gone, opening in ninth spot with $5 million.

"SAFE HOUSE" RISES TO THE TOP IN SECOND WEEK: NARROWLY BEATS "THE VOW"

Still from Safe House

Although final numbers for the U.S. President's Day weekend won't be out till end of day Monday, Universal Pictures rises the top of the Box Office narrowly with Action-Thriller Safe House in its second week with $24 million. Starring Denzel Washington and Ryan Reynolds, it edges-out two releases from Sony Pictures with Romantic-Drama The Vow which was number one last week,  earning $23.6 million this weekend.  In two weeks, it has pulled-in $90 million - extremely solid.

The other Film from Sony is a sequel, Ghost Rider: Spirit of Vengeance 3-D starring Nicolas Cage and Idris Elba (currently in Toronto), which opens to the tune of $22 million.  The Action Flick was made for $75 million, although it has yet to open overseas, where its predecessor fared strongly back in 2007, going on to make $112 million there alone.

Warner Bros.' Journey 2: The Mysterious Island 3-D seems to have cornered the Family market this Holiday weekend, slipping in fourth with $20.8 million in its second week of release, a two-week total of $59 million for the Brad Peyton-directed Adventure.

Debuting in fifth surprisingly is 20th Century Fox's This Means War with $17.5 million, which despite an all-star Cast including Reese Witherspoon, Chris Pine, Tom Hardy and Chelsea Handler - opening in 3,189 theatres - still is garnering lower numbers than expected.  The entertaining Action/Rom-Com offered Sneak Previews on Valentine's Day, although that doesn't seem to boost its numbers by much.

The Secret World of Arriety from Walt Disney Motion Pictures despite extremely positive reviews (93% at Rotten Tomatoes), only manages a ninth-place debut this weekend with $6.4 million. It only is showing in 1,522 theatres, knowing its place against its competition.  This however, isn't really that much of a disgrace considering that it already has earned a whopping $126 million overseas.

Former champ The Grey rounds out the Top Ten this weekend with $3 million in this fourth week of release for Open Road in the U.S. and eOne Films in Canada.

"THE VOW" DEBUTS #1 AT BOX OFFICE: RECORD-BREAKING WEEKEND HEADLINED BY CANADIANS

Still from The Vow

Lovers and Movie Lovers alike united at the Box Office this weekend, with not one - but four - films opening to huge numbers. This marks the first time four opening releases have opened with numbers exceeding the $20 million mark. Overall, receipts for the Top Ten are expected to tally in-excess of $169 million, which is a 25% increase over last year's numbers according to Deadline. What makes it even more special is that the Top Three Films all have strong Canadian connections.

Debuting at the top of the pack though is Sony Pictures' Romantic-Drama The Vow starring Rachel McAdams and Channing Tatum, with an impressive $41 million from 2,958 theatres. Of McAdams' last five Films, three have now debuted at the top including her work in the Sherlock Holmes Franchise. She filmed this latest chart-topper in Toronto, where she still currently resides.

Following closely in second is Safe House, starring Denzel Washington and Canada's Ryan Reynolds with great $39 million opening for Universal Pictures, opening in 3,119 theatres, just ahead of yet another Film with Canadian connections, Journey 2: The Mysterious Island 3-D from Warner Bros.  The Adventure/Fantasy was directed by Brad Peyton of Gander, Newfoundland and earns a stellar $27 million domestically. Overseas, it already has made $41.5 million.

Star Wars Fans showed their support for the 3-D re-release of Star Wars Episode 1 - The Phantom Menace, taking-in $23 million for 20th Century Fox - enough to land it in fourth spot. While another release from the Company, Chronicle slips to fifth after opening in the number one spot last weekend with $12 million.

The Woman in Black in its second week, slips to sixth spot with $10.4 million, although it has yet to open overseas where it should perform well.   Meanwhile, The Descendants is still going strong in ninth spot with $3.4 million for Fox Searchlight - now in its 13th week of release.  Former champ, Underworld: Awakening 3-D rounds out the Top Ten with $2.5 million.