Saving Private Ryan grossed $482 million worldwide, becoming the highest-grossing World War II film until it was surpassed by Dunkirk (2017). However, adjusting for 2017 monetary inflation, Saving Private Ryan grossed $718 million.
Blade became the top-grossing film based on a Marvel Comics character, grossing $131.2 million worldwide at the time of its release.
March 1 – Titanic becomes the first film to gross over $1 billion at the worldwide box office. Twenty days later, the film won 11 Academy Awards, including Best Picture.
May 8 and July 1 – 1998 saw the release of two dueling science-fiction disaster films about asteroids: Armageddon and Deep Impact, both of which became box office successes. Armageddon became the most popular of the two and was also the highest-grossing film of 1998 worldwide.
July 24 – Saving Private Ryan, directed by Steven Spielberg, was released and received critical acclaim, leading it to be the top- grossing domestic film of 1998. Saving Private Ryan won five Academy Awards, including Best Director. The film was lauded as an influential landmark in the war and action film genres, primarily due to its use of desaturated colors, hand-held cameras, and tight angles.
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