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The Mouse House have done a fantastic job in recent years of bringing their animated classic to a live audience, Cinderella and The Jungle Book are two which did really well.
Now is the time of the greatest animation of all time to get a live action film and audiences are clearly wanting it as the film lands to an incredible $170 million opening weekend.
Kong in its second weekend fell to number 2 with a gross of $28.8 million, this brings the films total US box office to $110.1 million after 10 days of play.
Logan at 3 is now the highest grossing Wolverine movie is the US and with $184 million in total grosses could catch the lowest X-Men movies.
Also new this week is The Belko Experiment at number 7 with a debut gross os $4 million.
Longest running film on the top 10 is once again Hidden Figures which has now been around for 13 weeks, but Logan is now the highest total grossing movie.
What will be interesting, and with Stone behind the script it's highly likely, will be the contrasts the new film will have with it's predecessor, the '80's was an age of richness and greed and when ruthless men on Wall Street didn't take lunch because they were too busy making money.
The naughties (2000 - 2009) have been an age when Wall Street in particular has been struck by tragedy that has changed peoples attitudes and the world is in the midst of a recession that in particular has his the financial industry, what a difference 20 years makes.
Douglas of course won the Oscar for his his lead in the original, if they can pull off a similar fate to that of The Color of Money for Paul Newman he may just do it again, lets just hope the title is not Wall Street 2!