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"The Hobbit" Earns $13 Million; Carole King Nabs Award

"The Hobbit: An Unexpected Journey" racked up $13 million in midnight showings, with Warner Bros. poised to plunder the box office this weekend. The film's take makes it the biggest December midnight opening in history. Warner Bros. says it will be happy with a $70 million opening weekend, but most analysts believe it will debut in the $100 million range in the U.S.