Dec 26, 2018 - Economy & Business

Box office hits rake in a record $11.8 billion in 2018

A fan cosplays as Black Panther. Photo: Roy Rochlin/Getty Images.

Box office hits including Marvel Studios’ “Black Panther,” Universal Pictures’ “Jurassic World: Fallen Kingdom” and 20th Century Fox's "Deadpool 2" drove ticket sales up 6% in the U.S. and Canada to a record-breaking $11.8 billion in 2018, according to preliminary data from Comscore, the L.A. Times' Ryan Faughnder reports.

Why it matters: The projections align with the success the box office has seen all year, disproving a continuing theme that the movie theater industry in Hollywood is being killed by streaming giants like Netflix.

Go deeper: Booming economy sparks movie theater comeback

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Axios
Updated 24 mins ago - Politics & Policy

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Illustration: Aïda Amer/Axios

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Vice presidential hopeful Sen. Kamala Harris (D-Calif.) Photo: Drew Angerer/Getty Images

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