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Vampires and werewolves reigned supreme as The Twilight Saga: Eclipse earned $64 million over the Independence Day weekend, and a total of $83 million since opening Wednesday June 30. M. Night Shyamalan's latest offering, Nickelodeon-based The Last Airbender , opened in 2nd with $40 million under its belt, despite the poor reviews it has received. Last week's topnotcher and critically-acclaimed Toy Story 3 slips to 3rd place with still a strong $30 million. Twilight sequel Eclipse shines at US box office 'Twilight' climbs to $83.6M over holiday weekend

Another live-action film will be based on a popular Hasbro toyline. With the recent success of the Transformers , Paramount Pictures decided to move along their plans in making the G.I. Joe film by hiring Stephen Sommers to direct the movie. Some of Sommers more renowned works include The Mummy and The Mummy Returns . "G.I. Joe" accepts movie assignment

The fourth movie in the highly successful Shrek movies will be released on May 21, 2010, according to DreamWorks Animation and Paramount. Fourth 'Shrek' eyes 2010