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Paramount, Activision strike deal to bring Call of Duty to theaters

CNBC · Just In
CNBC
CNBC
Just In

The Call of Duty video game franchise will be coming to theaters. Activision and Paramount have struck a deal for the studio to develop, produce and distribute a live-action film based on the game franchise.

Breakdown
  • Paramount, now called Skydance Corporation, announces a deal with Activision Blizzard. 4s
  • A live action Call of Duty movie will be developed, produced, and distributed by Paramount. 15s
  • Call of Duty has been the top-selling video game in the US for 16 years and sold over 500 million copies globally. 21s
  • The deal is part of Paramount's strategy to build more major entertainment franchises. 36s
  • Paramount's stock saw little movement after the announcement. 55s
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