The film's budget climbed from an initial US$150 million to a record-breaking $207 million. It was released on December 14, 2005, and made an opening of $50.1 million. While the film performed lower than expectations, King Kong made domestic and worldwide grosses that eventually added up to $550 million, becoming the fourth-highest grossing film in Universal Pictures history. It also generated $100 million in DVD sales upon its home video release. The film garnered generally positive reviews from critics and appeared on several "top ten" lists for 2005, though some reviewers criticized it for its 3-hour, 7-minute running time. It won three Academy Awards for Best Sound Editing, Best Sound Mixing, and Best Visual Effects.
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