Animated films tend to be box office crowd pleasers, so it's no surprise that The Spongebob Movie: Sponge Out of Water is doing gangbusters. The beloved show has been on Nickelodeon for over ten years, and the first Spongebob movie (11 years ago) made over $130 million. 

Sponge Out of Water opened to $15 million last night and is projected for a $52 million opening weekend, blowing past the very expensive (it cost $175 million to make) Jupiter Ascending. Even American Sniper, which has been out for a few months, will beat the sci-fi epic this weekend.

[via Variety]