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Axios
Axios
Business
Marisa Fernandez

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.

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