Activision's 'Black Ops' Tops $1B in Sales

NEW YORK ( TheStreet) - Activision ( ATVI) announced Tuesday that worldwide sales of its Call of Duty: Black Ops title had surpassed $1 billion since its November release.

The milestone is particularly significant, as theatrical blockbuster Avatar is the only other entertainment title to reach the $1 billion revenue mark within a similar time frame, according to Activision CEO Bobby Kotick.

Black Ops generated more than $650 million in its first five days, beating the $550 million record set by its predecessor Call of Duty: Modern Warfare 2.

Black Ops is a first-person shooter video game that takes place during the Cold War.

Earlier this month, Activision's World of Warcraft: Cataclysm became the fastest-selling PC game of all time, selling 3.3 million copies in its first 24 hours of release.

Shares of Activision jumped 2% in afternoon trading to $12.47.

--Written by Olivia Oran in New York.

>To follow the writer on Twitter, go to http://twitter.com/Ozoran.

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