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'It' Could Scare Up $50 Million on Opening Weekend

Hollywood's prospects at the box office this summer have been downright scary, with the industry seeing a more than 4 percent slump in receipts compared to 2016. But studio Warner Bros. is hoping to scare up some big numbers when Stephen King adaptation "It" hits theaters next month, and is already predicting a huge opening weekend for the horror flick. Variety reports that early tracking for the feature is currently sitting around $50 million, and that has a lot to do with its pedigree.
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