"Guardians of the Galaxy" is a Walt Disney's Marvel studio film release which talks about a group of misfit superheroes who are on the run after stealing a coveted orb. Directed by James Gunn, the film is the tenth installment in the Marvel Cinematic Universe. It features an ensemble cast that includes Benicio del Toro, Glenn Close, John C. Reilly, Djimon Hounsou, Karen Gillan, Michael Rooker, Lee Pace, Bradley Cooper, Vin Diesel, Dave Bautista, Zoe Saldana, and Chris Pratt.

As of Aug. 28, the movie has earned $262.1 million in North America and $245.3 million in countries outside North America, which makes it a total earning of $507.4 million worldwide. Adding it to the weekend's total earning, the movie has raked in a worldwide revenue of $547.7 million. "Guardians of the Galaxy" is 2014's fourteenth movie that has made more than $300 million, a sum which the film achieved in a span of just 10 days.

The movie's achievement this week is something worth mentioning as it beats "Captain America: The Winter Soldier" in becoming this year's highest-grossing film to date. With upcoming releases such as "Hunger Games" and "The Hobbit," it remains to be seen whether the latest Marvel film release can keep its top position.  

"Guardians of the Galaxy" is also the 8th highest-grossing film worldwide. The number 1 spot is held by "Transformers: Age Of Extinction," which has a worldwide earning of $1 billion.

When compared with last year's earnings, this year's summer box office performance of more than $4 billion is down 15 percent from last year's $4.75 billion. "The summer of 2014 was confounding, it was exasperating, and it was a transition between one record summer in 2013 and what everyone believes will be a record summer in 2015," says senior media analyst Paul Dergarabedian at Rentrak. "This summer was just never predestined to be a record breaker. And there were so many unquantifiable things. The World Cup may have had an effect as a distraction. The Fourth of July fell on a Friday, which no one in Hollywood wants. But no one is saying, is this the end of going to the movies? Because we all know it's not," adds Paul.

The other box-office titles that round up the top ten list of highest-grossing films during the three-day weekend include: "Teenage Mutant Ninja Turtles" (2nd, $11.8 million); "If I Stay" (3rd, $9.3 million); "As Above/So Below" (4th, $8.3 million); "Let's Be Cops" (5th, $8.2 million); "The November Man" (6th, $7.7 million); "When the Game Stands Tall" (7th, $5.7 million); "The Giver" (8th, $5.3 million); "The Hundred-Foot Journey" (9th, $4.6 million); and "The Expendables 3" (10th, $3.5 million).

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