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Photo: Chesnot/Getty Images

Digital video games generated a record $109.4 billion worldwide in 2019, a 3% jump from 2018's $106.1 billion, according to Nielsen data cited by the Hollywood Reporter.

The big picture: Asia was the biggest market for digital games, ahead of North America and Europe. Free-to-play titles drove the majority of spending, totaling nearly 80% for the year.

The mobile market, which primarily consists of free-to-play games, brought in about 60% of the cash and increased its share of total revenues to 73%.

  • The boost was partly driven by large video game franchises entering the mobile market, such as Call of Duty Mobile, which collected $116.8 million in 2019, per THR.

The intrigue: Epic Games' Fortnite was again the top-earning game overall, drawing in $1.8 billion in 2019, down from the $2.4 billion it earned the previous year.

Yes, but: It was a down year for so-called AAA franchises, or "premium" titles produced by major studios. Spending saw a 5% decline year-over-year to $18.9 billion.

  • But AAA games are expected to recover in 2020, "with highly anticipated releases on the schedule" THR writes.

Go deeper:

Go deeper

Miriam Kramer, author of Space
27 mins ago - Science

The suborbital space race heats up

Illustration: Aïda Amer/Axios

Blue Origin and Virgin Galactic are pushing to launch their first paying customers to the edge of space.

Why it matters: If the two companies succeed, it will open up a new market in the space industry, one focused on consumer-driven demand for expensive trips to suborbital space.

No one in Washington is happy with Facebook

Illustration: Sarah Grillo/Axios

The Oversight Board's decision Wednesday to uphold Facebook's suspension of former President Trump found few fans in Washington and exposed the company to a new round of attacks.

Why it matters: While the board urged Facebook back to the drawing board to better define its rules and processes around political speech, political actors on both left and right agree that the social media giant already has too much power.

Erica Pandey, author of @Work
57 mins ago - Technology

Two tales of jobs in tech hubs

Expand chart
Data: Indeed; Chart: Will Chase/Axios

Jobs are coming back more slowly in America's top tech centers than in other cities — but it's not the tech jobs that are lagging, according to a new analysis from the jobs site Indeed.

What's happening: Pandemic-era remote work is still keeping white-collar workers in tech hubs at home, and that's slowing down the recovery of local shops and restaurants in those communities.