The Hobbit decreased just 19% from Tuesday to earn $0.206 million on Wednesday. This is a good hold amongst wide releases and was better than The Desolation Of Smaug's 25% daily decline at the same point. It was down a solid 37% from last Wednesday which is in line with Smaug's 35% weekly decline and better than An Unexpected Jouney's 46% drop.
The big test though, will come on Friday where it should aim for a gross between $0.4 million and $0.5 million, which would put it on track for a weekend between $1.7 million and $2.15 million.
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