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Move over, NBA and Wonder Woman, there’s a new top dog in town.
The video game industry is set to exceed the revenue brought in by sports and movies combined, fueled in part by the coronavirus pandemic making new gamers out of stuck-at-home citizens.
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Global video game revenue is up 20 percent in 2020, and will finish the year at an eye-watering $180 billion according to data from IDC. That figure beats the pre-coronavirus $100 billion that movies brought in in 2019, and the $75 billion brought in by the major sports leagues around the world.
And unlike sports and movies, which were both hit hard this year by the shuttering of stadiums and theaters, video games have only seen their popularity increase as people have looked for new ways to pass the time.