'The Hobbit' Crosses $300M Mark Domestically, Closing In on $1B Worldwide

"The Hobbit: An Unexpected Journey" marked a weekend of box office milestones as the Warner Bros. fantasy adventure continued to rack up a treasure to rival Smaug's.

The prequel to "The Lord of the Rings" series will hit $300 million domestically at some point Monday, its studio said Monday.



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