Entertainment News Round up-12 Oct. 2018: Michael Jackson's jacket, box office, Malibu burning and much more

Michael Jackson's 'Bad' tour jacket sold at auction

Michael Jackson's iconic black "Bad" jacket, which he wore on his first solo tour, sold for $298,000 late Saturday, about three times its original asking price, at a New York auction which featured items from music legends Prince, Madonna, John Lennon and others, officials announced. Julien's Auctions had an original asking price of $100,000 for the jacket that Jackson signed on the back with a silver permanent marker and was worn throughout the singer's "Bad" world concert tour from 1987-89.

Box Office: 'Grinch' Sees Green With $66 Million, 'Overlord' Beats 'Spider's Web'

"The Grinch" proved it's never too early for some holiday cheer as the animated family flick stole the weekend box office with $66 million from 4,141 locations. Illumination and Universal's adaptation of the Dr. Seuss holiday tale now ranks as the best start for a Christmas film. Fellow new offerings "Overlord" and "The Girl In the Spider's Web" weren't as gleeful, with mediocre debuts of $10 million and $8 million, respectively.

Malibu burning: Kardashians, Lady Gaga, Cher fear for homes

Kim Kardashian and Lady Gaga were among thousands fleeing their homes on Friday as a fast-moving wildfire engulfed Malibu and nearby celebrity neighborhoods. Kardashian, who on Thursday evacuated the home she shares in nearby Calabasas with Kanye West, tweeted on Friday that she "heard the flames have hit our property... but now are more contained and have stopped."

China cracks down on celebrity hype and fake click-through rates

Chinese broadcasters and online entertainment sites should avoid celebrity hype and crack down on fake audience and click-through rates, state media quoted the National Radio and Television Administration as saying. The edict comes after Beijing ordered A-list movie star Fan Bingbing to pay about 884 million yuan ($129 million) in taxes and fines, spurring widespread discussion on the moral health of China's film industry.

Netflix CEO Hastings says no plans for cheaper India offerings

Netflix chief executive Reed Hastings said that the streaming video company had no plans for cheaper prices in the hotly competitive India market and that an executive's comments suggesting otherwise had been "misunderstood." In an interview with Reuters on Friday, Hastings noted that Netflix had three price tiers in India: 500 rupees ($6.90) for a basic plan, 650 ($9.00) for a standard plan and 800 rupees ($11) for premium. Those prices are only modestly lower than what the company charges in the United States.

(With inputs from agencies.)