The first projects out of Activision Studios will be Skylanders Academy, an animated TV show starring Justin Long and Ashley Tisdale, and a movie franchise based on Call of Duty. Keep in mind that June's Warcraft movie comes courtesy of Legendary Pictures and is not a product of Activision Studios.

Activision is putting its years of financial stability to good use in 2016. It recently bought Candy Crush studio King Digital Entertainment for $5.9 billion, and launched an in-house eSports division led by former ESPN CEO Steve Bornstein and Major League Gaming co-founder Mike Sepso. But it didn't stop there -- just last week, Activision announced it had also acquired MLG's eSports assets and staff, including co-founder Sundance DiGiovanni, for $46 million. With that purchase, Activision plans to build "the ESPN of eSports," according to CEO Bobby Kotick.