
Call of Duty is owned by Microsoft Corporation (NASDAQ: MSFT) through its wholly-owned subsidiary Activision. Microsoft completed its acquisition of Activision Blizzard in October 2023 for approximately $68.7 billion, the largest gaming acquisition in history. The franchise has sold over 400 million copies across all titles. Multiple studios including Infinity Ward, Treyarch, and Sledgehammer Games develop Call of Duty titles under Activision's publishing structure.
Parent Company
Acquired
2023
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Call of Duty | Microsoft Corporation | Subsidiary |
Call of Duty was created in 2003 by Infinity Ward, a studio founded by former Medal of Honor developers Jason West and Vince Zampella. The original Call of Duty was set during World War II and was released for PC in October 2003. The game was praised for its cinematic single-player campaign, which followed American, British, and Soviet soldiers through key World War II battles. It won several Game of the Year awards and established the franchise as a serious competitor in the first-person shooter genre.
Call of Duty 2 followed in 2005 as a launch title for the Xbox 360, cementing the franchise's position on consoles. The game sold over 5.5 million copies and demonstrated that the franchise could succeed on platforms beyond PC. Infinity Ward continued with Call of Duty 4: Modern Warfare in 2007, which shifted the setting from World War II to contemporary military conflicts. Modern Warfare introduced a multiplayer progression system with experience points, unlockable weapons, and a prestige system that reset progress for additional badges. This progression model became the template for online multiplayer games across the industry and is one of the most influential design decisions in gaming history.
Treyarch took over development with Call of Duty 3 (2006) and later Call of Duty: World at War (2008), which returned to World War II. Treyarch's Call of Duty: Black Ops (2010) became the best-selling game of all time in the United States at that point, with over 30 million copies sold worldwide. The Black Ops series established Treyarch as a co-equal development studio with Infinity Ward within the franchise.
Sledgehammer Games joined the rotation with Call of Duty: Advanced Warfare in 2014. The three-studio rotation gave each studio three years to develop a title while maintaining Activision's annual release schedule. This model has sustained the franchise for over a decade.
The franchise expanded into mobile and free-to-play markets. Call of Duty: Mobile launched in October 2019 and has been downloaded over 650 million times globally. Call of Duty: Warzone, a free-to-play battle royale mode, launched in March 2020 and attracted over 100 million players within its first year. Warzone became a major revenue driver through in-game purchases and battle pass subscriptions.
The most recent titles include Call of Duty: Modern Warfare III (2023), Call of Duty: Black Ops 6 (2024), and Call of Duty: Black Ops 7 (2025). The franchise has been the best-selling video game franchise in the United States for 15 consecutive years, according to Circana (formerly NPD Group) data.
Microsoft's acquisition of Activision Blizzard in October 2023 brought Call of Duty under Microsoft's ownership. The first Call of Duty title released under Microsoft's ownership was Modern Warfare III in November 2023. Microsoft added Call of Duty titles to its Xbox Game Pass subscription service starting in 2024, making the franchise available to Game Pass subscribers on the same day as retail release.
In July 2025, Microsoft announced a reorganization of Microsoft Gaming that split Activision Blizzard into two units and included significant layoffs. The restructuring aimed to consolidate management and reduce costs following the acquisition.
What does Microsoft own?
Microsoft owns a portfolio of technology brands including Microsoft Azure, Microsoft 365, Windows, Xbox, LinkedIn (acquired 2016 for $26.2 billion), GitHub (acquired 2018 for $7.5 billion), and Activision Blizzard gaming franchises including Call of Duty, World of Warcraft, and Candy Crush (acquired 2023 for $69 billion). The company also owns Minecraft, Skype, Bing, Surface, and Dynamics 365.
Is Microsoft publicly traded?
Yes, Microsoft Corporation is publicly traded on NASDAQ under the ticker symbol MSFT. The company has been publicly traded since its IPO on March 13, 1986, at $21 per share. It is consistently one of the world's most valuable companies by market capitalization, with a market cap exceeding $3 trillion as of mid-2026.
Who founded Microsoft?
Microsoft was founded on April 4, 1975, by Bill Gates and Paul Allen in Albuquerque, New Mexico. The childhood friends developed a version of the BASIC programming language for the Altair 8800 microcomputer. Gates served as CEO until 2000, when Steve Ballmer succeeded him. Satya Nadella became CEO in February 2014.
Where is Microsoft headquartered?
Microsoft is headquartered in Redmond, Washington, USA. The company moved to Redmond in 1986 after relocating from Bellevue, Washington, where it had been based since 1979. The Redmond campus spans over 500 acres and houses executive leadership, research facilities, and key business units.
How many brands does Microsoft own?
Microsoft owns approximately 15 major brands including Microsoft 365, Azure, Windows, Xbox, LinkedIn, GitHub, Microsoft Teams, Copilot, Dynamics 365, Surface, Minecraft, Skype, Bing, and Activision Blizzard franchises (Call of Duty, World of Warcraft, Candy Crush). These brands serve enterprise, consumer, and developer markets globally.
Who owns Microsoft?
Microsoft is publicly owned with no controlling shareholder. Ownership is distributed among institutional investors including Vanguard Group, BlackRock, and State Street Global Advisors. Bill Gates has significantly reduced his stake through philanthropy and share sales. CEO Satya Nadella holds a meaningful ownership position through equity compensation.
What is Microsoft's revenue?
Microsoft reported revenue of $331.8 billion for fiscal year 2026 (ended June 30, 2026), up 18% from $281.7 billion in FY2025. Operating income was $155.2 billion, up 21%. Net income was $133.7 billion, up 31% on a GAAP basis. Microsoft Cloud revenue surpassed $214 billion, growing 27%.
What is the Microsoft OpenAI partnership?
Microsoft has invested approximately $13 billion in OpenAI since 2019, making it OpenAI's exclusive cloud provider through Azure. The partnership integrates OpenAI's GPT models into Microsoft products through the Copilot AI assistant. In FY2026, Microsoft's investment in OpenAI generated $4.96 billion in net gains, reversing $3.62 billion in losses from FY2025. Regulators in the EU and UK have examined whether the relationship constitutes a de facto merger.
Workplace Culture and Harassment Scandal (2021-2023): Activision Blizzard faced a major workplace culture scandal beginning in July 2021, when the California Department of Fair Employment and Housing (DFEH) filed a lawsuit alleging sexual harassment, discrimination, and retaliation at the company. The lawsuit prompted employee walkouts, executive departures, and significant reputational damage. In March 2023, Activision Blizzard agreed to pay $54 million to settle a separate U.S. Equal Employment Opportunity Commission (EEOC) action related to harassment and retaliation. The controversy occurred during the regulatory review of Microsoft's acquisition and was resolved before the deal closed in October 2023. Microsoft has since implemented cultural reforms across the acquired studios.
Gaming Addiction Lawsuits (2023-present): Call of Duty has been named in lawsuits alleging that its design mechanics contribute to gaming addiction. These lawsuits cite the World Health Organization's 2022 recognition of Gaming Disorder in the ICD-11 as supporting evidence. The cases are ongoing as of August 2026 and have not reached final resolution. Similar lawsuits have been filed against other game publishers including Epic Games (Fortune) and Take-Two Interactive (NBA 2K).
Regulatory Scrutiny of Microsoft Acquisition (2022-2023): Microsoft's $68.7 billion acquisition of Activision Blizzard faced extensive regulatory review. The U.S. Federal Trade Commission (FTC) filed a lawsuit to block the deal in December 2022 but lost in federal court in July 2023. The UK CMA initially blocked the deal in April 2023 over cloud gaming concerns, then approved a restructured version in October 2023 after Microsoft transferred cloud streaming rights for Activision games to Ubisoft. The European Commission approved the deal in May 2023 after Microsoft committed to licensing Call of Duty to competing cloud gaming services for 10 years. The deal closed on October 13, 2023.
Monetization and Loot Box Criticism: Call of Duty has faced criticism over its monetization practices, including loot boxes and microtransactions. Some countries, including Belgium and the Netherlands, have restricted or banned loot boxes under gambling laws. Activision has modified its monetization approach in certain jurisdictions to comply with local regulations. The franchise's use of battle pass systems and cosmetic microtransactions remains a subject of ongoing debate among players and regulators.
2025 Market Underperformance: Call of Duty: Black Ops 7, released in 2025, showed signs of underperformance relative to prior franchise entries. Analysts and publications including The Ringer reported that competing titles gained market share during the year. The franchise's 15-year streak as the best-selling franchise in the United States may be at risk if the trend continues. No official sales figures for Black Ops 7 have been released by Microsoft as of August 2026.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Take Two Interactive | USA | 1997 | Premium | Global | All Genders | |
| Microsoft | USA | 2001 | Premium | Global | All Genders |
Media EntertainmentOwned by Take-Two Interactive Software, Inc.
Video game franchise owned by Rockstar Games, known for open-world action games with crime and urban themes.
Technology SoftwareOwned by Microsoft Corporation
Microsoft's video gaming brand encompassing consoles, games, and online gaming services. Owned by Microsoft Corporation.
Market Positioning: Call of Duty competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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