In a statement accompanying the quarterly report of Activision Blizzard CEO, Bobby Kotick, has said that 2012 will be the year of a new chapter in the Call of Duty series.

In addition to the popular war shooter and the arrival of Diablo III , the company has several other projects on the pipeline, including the new expansion of World of Warcraft, Mist of Pandari , Starcraft II: Heart of the Swarm, Blizzard DOTA and a new MMORPG developed under the code name Titan.

Activision Blizzard

Activision Blizzard

The guys at Activision don’t want to tell us more about this “Titan” project. As usual, we assume that it will be something really big. We might venture to say that it will greater than World of WarCraft . A claim based on the fact that Titan is an experience designed for our times and is focused on a much wider audience than WoW . So we should be waiting for a massive online title, similar to games we see on social networks and that attract tens of millions of users. Will Titan be a freemium game, based on micro-payments or continue with the subscription model that maintains Activision’s flagship title? We’ll have to wait and see…

Besides bringing news about forthcoming titles that are currently under development. Activision Blizzard has also announced its financial results for the quarter ended on September, 30th. The publisher has a turnover of 754 million U.S. dollars, up 16% compared to 2010. However, retail sales declined compared to last year, with 250 million dollars compared to 320 in the same quarter in 2010.

Meanwhile, the digital business is growing continuously, rising from 363 in the same period of 2010 to 427 this year. Digital channels (including subscriptions, DLC, mobile digital delivery and securities) accounted for 49% of the revenues. In the future, Activision Blizzard expects total revenue for the year 2011 of 4.33 billion dollars, so more than 4.18 billion in 2010.