After nearly a year of teasers, Disney's live-action "Beauty and the Beast" has finally arrived in theaters. And though it's been out for less than a day, the Emma Watson-led film has already made $16.3 million in Thursday night previews, according to The Hollywood Reporter. And that's just domestically; it pulled in an additional $11.5 million overseas.

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While "Beauty and the Beast" isn't on track to dethrone last year's "Batman v. Superman" as the top-grossing March premiere (regardless of fan reaction, it made $166 million opening weekend), this tale as old as time will still be a big deal for Disney. It's already beaten last year's "Finding Dory" and "Captain America: Civil War" in pre-opening online ticket sales.

Rebooted from the 1991 animated classic, "Beauty and the Beast" is expected to make over $120 million in its opening weekend. This would demolish previous Disney live-action premieres including 2015's "Cinderella" which made $67.8 and 2010's "Alice in Wonderland," which made $116.1 million.

Directed by Bill Condon, “Beauty and the Beast” stars Emma Watson as Belle, Dan Stevens as the Beast, Luke Evans as Gaston, Kevin Kline as Mauricer, Josh Gad as Lefou, Ewan McGregor as Lumiere, Stanley Tucci as Maestro Cadenza, Gugu Mbatha-Raw as Plumette, Audra McDonald as Madame Garderobe, Ian McKellen as Cogsworth, and Emma Thompson as Mrs. Potts.