Fortnite is still the darling of the video game industry, generating hundreds of millions of dollars in revenue per month. However, a month-old game called Apex Legends is growing far faster than even Fortnite did, at least as measured by signing up users.

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Data: Roundhill Investments; Chart: Chris Canipe/Axios

Driving the news: The game's creators announced Monday that they have reached 50 million registered players in the first 28 days. (It took Fortnite more than 16 weeks to hit that level.)

  • Both titles are from the "battle royale" genre of video game. Per Wikipedia, that means they blend "the survival, exploration and scavenging elements of a survival game with last-man-standing gameplay."

Yes, but: Registered users is one measure, but long-term value comes by ensuring users remain active to generate revenue.

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Photo: Igor Golovniov/SOPA Images/LightRocket via Getty Images

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