The news: “Lilo & Stitch” and “Mission: Impossible: The Final Reckoning” shattered holiday box office records over Memorial Day weekend, amassing $550 million in global box office revenues. The releases mark the strongest box office opening over a four-day holiday weekend for two major films in history, per IMDb Box Office Mojo.

• The movies earned $260 million domestically, with Walt Disney’s live action “Lilo” remake accounting for $183 million and Paramount’s newest “Mission: Impossible” film coming in at $77.5 million.
• “Lilo” was above initial expectations of a $120 million domestic opening, while “Mission: Impossible” delivered the strongest results ever for the popular franchise.