LOS ANGELES (AP) — It wasn't exactly a mighty victory, but "Jack the Giant Slayer" won the weekend at the box office.

The Warner Bros. 3-D action extravaganza, based on the Jack and the Beanstalk legend, made just $28 million to debut at No. 1, according to Sunday studio estimates. It had a reported budget of just under $200 million.

But the studio also hit a milestone on the global front with Peter Jackson's fantasy epic "The Hobbit: An Unexpected Journey" crossing the $1 billion mark worldwide. The first of three films based on the classic J.R.R. Tolkien novel has made $301.1 domestically and $700 million internationally.