Stephen King's It declared highest grossing horror film; gets dethroned by Kingsman sequel in North America

The espionage comedy Kingsman: The Golden Circle dominated North American box offices in its debut weekend, industry figures showed Sunday. It ousted Stephen King's It, a freaky horror hit which had held the crown for two weeks.[caption id="attachment_4052293" align="alignleft" width="380"] Still from Stephen King's It. Image from Twitter/njslea‏.[/caption]With a star-studded cast featuring Colin Firth, Channing Tatum, Halle Berry and even Elton John, Kingsman raked in an estimated $39 million for the weekend, according to Exhibitor Relations.The sequel to Kingsman: The Secret Service, The Golden Circle sees British spy organization Kingsman join forces with American counterpart Statesman to take on a new global threat.It, based on a Stephen King novel and starring Bill Skarsgard as a creepy clown who menaces a sleepy Maine town, earned an estimated $30 million — half its take last weekend.But having stormed the box office in its opening weekend with revenue of $123 million, It still boasts impressive earnings of $266.3 million in only three weeks.In at third was new animation The Lego Ninjago Movie, the third installment of Warner Bros.' The Lego Movie franchise, which made $21.2 million.Trailing far behind in fourth was American Assassin, starring Dylan O'Brien as a CIA "black ops" recruit who teams up with crusty veteran agent Michael Keaton to fight terrorists. The film took in just $6.2 million, bringing its total earnings to $21.6 million in two weeks.