CVG: Activision's new friend, Halo developer Bungie, would be a 'good fit' to replace Infinity Ward as the company's big-hitting FPS studio.
Imagine COD with Forge or Video replays.
I doubt Bungie would have signed a publishing agreement with Activision just to work on Call of Duty. If anything I think there new game is an MMO. As it would explain why Microsoft passed on publishing it themselves (as they do have first-refusal rights). Since Microsoft doesn't have a good track history with publishing MMOs.
Activision - they have new flag-ship developer who will make them millions Bungie - they stay independent and they have absolutely freedom with unlimited money budget Sony - they have everything
They need to let Bungie make the next MW game, after the next IP Activision could merge Bungie with that new studio and make a crazy MW game, probably call it "COD:Future Warefare"
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