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During its fourth quarter financial conference call on Wednesday, Activision Blizzard revealed that Call of Duty: Modern Warfare 2 is due out this holiday season. This is the project that Infinity Ward has been working on, and it sounds like a direct sequel to its 2007 blockbuster hit.
Last year's Call of Duty: World at War, which was developed by Treyarch, was one of the year's biggest selling games, and helped in Activision's better-than-expected profits in the fourth quarter. This is in sharp contrast to the losses reported by the company's competitors.
Source - IGN