Global box office had record 2018, earning $96.8bn

24 March, 2019 12:00 AM printer

LOS ANGELES: The film industry has never been more successful than it was in 2018, when it earned US$96.8 billion - including over US$40 billion in cinema ticket sales, according to figures published Thursday by the Motion Picture Association of America (MPAA).

Online video streaming services such as Amazon Prime and Netflix in particular saw impressive growth, with subscriptions surpassing those of cable TV for the first time.

The MPAA, whose membership includes Hollywood's six largest studios - and most recently, Netflix - said that more than half  of Americans' screen time.