21st Century Fox

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

Someone dressed as Black Panther during Comic Con.
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

Report: Amazon bids for Disney's regional sports networks

Amazon's Prime Video logo seen on a cellphone
Amazon Prime Video logo is seen on an android mobile phone. Photo: Omar Marques/SOPA Images/LightRocket via Getty Images.

Amazon has tossed a bid into the ring for Disney's 22 regional sports networks, CNBC reports.

Why it matters: It speaks to Amazon's eagerness to win live sports rights as it continues to build its streaming TV business. The company paid $50 million to get exclusive digital rights to the NFL's Thursday Night Football.

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