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Texas Chainsaw 3D Cuts the Hobbit from Box Office #1 Spot

Leatherface and his chainsaw chased tiny hobbit Bilbo Baggins out of the top spot at the box office this week-end. Lionsgate's horror sequel "Texas Chainsaw 3-D" debuted at BoxOffice #1 with $23 million, according to studio estimates Sunday.

After three weekends at No. 1, part one of Peter Jackson's "The Hobbit" trilogy slipped to third with $17.5 million. That lifts the domestic haul to $263.8 million for "The Hobbit," the Warner Bros. blockbuster that also has topped $500 million overseas to raise its worldwide total to about $800 million.

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Texas Chainsaw 3D

The movie picks up where 1974's "The Texas Chainsaw Massacre" left off, with masked killer Leatherface on the loose again. Read more about the story and watch the trailer in our December 30, 2012 paper.