'Texas Chainsaw 3D' cuts 'The Hobbit' down to size

Slasher flick "Texas Chainsaw 3D" stole the top slot at the North American box office this weekend, driving "The Hobbit" from its three-week perch in first place, estimates indicated Sunday.

The latest offering in the horror franchise, first launched in 1974 but now in 21st century 3D gore, took in $23 million in its debut weekend, the first of the new year, according to box office tracker Exhibitor Relations.

Not far behind in second place was Quentin Tarantino's brutal Western "Django Unchained," which earned $20 million it its second week. The film, which has already earned five Golden Globe nominations, is considered a top Oscars contender.

That left "The Hobbit: An Unexpected Journey," the long-awaited first part of Peter Jackson's "Lord of the Rings" prequel trilogy, in third place. It racked up $17.5 million in its fourth week in theaters, for an international grand total of $263.8 million so far.

Another Oscar-tipped movie, "Les Miserables," took fourth spot, raking in in $16.1 million at the box office in its second week in theaters.

The all-important Academy Award nominations are due to be announced Thursday, January 10.