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By Todd 1 | December 2, 2008 - 11:24 am - Posted in Box Office

LOS ANGELES (AP) — Thanksgiving weekend movie crowds gobbled up the Reese Witherspoon and Vince Vaughn holiday comedy “Four Christmases,” which debuted at No. 1 with $31.7 million, according to studio estimates Sunday.

The Warner Bros. release, featuring Witherspoon and Vaughn as a couple suffering through four separate family holiday gatherings, raised its total to $46.7 million since opening Wednesday to get a head start on the long weekend.

In terms of revenue, it was Hollywood’s second-biggest Thanksgiving period ever. The top 12 movies took in $223.7 million from Wednesday to Sunday, trailing only the $232.2 million haul over Thanksgiving in 2000.

Summit Entertainment’s vampire romance “Twilight,” which had a huge No. 1 opening the previous weekend, took a steep 62 percent decline from its $69.6 million debut and was neck-and-neck for second place with Disney’s animated family flick “Bolt.”

Based on Sunday’s estimates, “Bolt” had a slight lead with $26.6 million for the weekend, compared to $26.4 million for “Twilight.” Their rankings could change once final numbers are released Monday.

“Twilight’ is still a phenomenon, but you can’t really maintain that level of intensity week after week,” said Paul Dergarabedian, president of box-office tracker Media By Numbers.