Are there any billion dollar game franchises that lack an online component? Feels like a safe bet to me.
I wouldn't say they are billion dollar game franchises but I would say billions and billions of dollars in total are part of games where multiplayer is not the central aspect. This sector is huge.
I think games with a huge online component tend to be bigger franchises but fewer in number. Overall online gaming as an industry is bigger then single player gaming but they are both huge enough in size that they are comparable.
In fact even in good times, I feel gaming is less safe.