Will Smith appears in a still from the 2012 film, Men in Black III. - Provided courtesy of Sony Pictures

'Men in Black 3' to take No. 1 spot for Memorial Day Weekend

05/27/2012 by Kristina Lopez

"Men in Black 3" seems to be the blockbuster film poised to finally knock out "The Avengers" from the top spot at the box office.

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The sequel starring Will Smith, Tommy Lee Jones, Emma Thompson and Josh Brolin, has earned an estimated $55 million so far for the Memorial Day Weekend, according to the Associated Press.

Smith and Jones reprised their roles as Agent J and Agent K from the first two "Men in Black" films in the latest sequel. In this film, Agent J travels back in time to 1969 to help save a young Agent K - played by Josh Brolin - as well as planet earth.

Sony estimated that by the end of the holiday weekend, "Men in Black III" will have a total domestic gross of $70 million and an international gross of $202 million, according to the wire service report.

After three weeks as the top film to beat, "The Avengers" fell to second place and took in an estimated $37 million for the weekend. The sum pushes the film's domestic total to $514 million. "The Avengers" is only the fourth movie ever to top half a billion dollars domestically at the box office.

In third place is the sci-fi action film "Battleship," starring Taylor Kitsch, Liam Neeson, Rihanna and Brooklyn Decker. "Battleship," inspired by the board game of the same name, took in an estimated $10.8 million domestically, raising its domestic total to $44.3 million.

Rounding out the top five films are "The Dictator," which earned $9.6 million to land in fourth place and the horror film "Chernobyl Diaries," which opened in fifth place with $8 million. So far "The Dictator" has earned $41.5 million domestically.

Watch trailers for "Men in Black III," "The Chernobyl Diaries" and "Moonrise Kingdom" below.