NEW YORK - The Fourth of July went off like a dud at the box office, as the Michael Bay sequel "Transformers: Age of Extinction" and the Melisa McCarthy comedy "Tammy" led the weakest summer holiday weekend in at least a decade.
The North American box office was down a whopping 44 percent over the July Fourth weekend last year, when "Despicable Me 2" and "The Lone Ranger" opened.
This weekend sputtered not because of an oversized bomb, but due to numerous factors, including that Hollywood simply didn't aim big this year. The holdover "Transformers" led with an estimated $36.4 million, while "Tammy" had a below expectations haul of just $21.2 million.
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