According to The Hollywood Reporter, King Kong and The Chronicles of Narnia: The Lion, the Witch and the Wardrobe battled for the four-day boxoffice crown with the giant ape finally swiping the Christmas holiday prize. A Sunday night surge gave Universal's King Kong the needed push for the No. 1 spot with over the Friday-through-Monday period with about $31.4 million, edging Buena Vista's Chronicles of Narnia estimated $30.1 million take.

The boxoffice lead shifted back and forth all last week as new releases cropped up on marquees Wednesday, Friday and still more Christmas Day. "There's only so much room. I think crowded is the fair term to describe the marketplace right now," Universal Pictures vice chairman Marc Shmuger said Monday, noting overall boxoffice was up 20% over the weekend compared to the previous weekend. "These two movies are energizing the business", said Chuck Viane, president Buena Vista Pictures Distribution, adding Narnia is continuing to lure audiences in its third week of release.

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Dont't forget to also check out: King Kong, The Chronicles of Narnia: The Lion, The Witch and The Wardrobe