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trasharmdsister12 said:

Activision still has that partnership with Bungie that should be profitable and (semi-)annual CoD's will keep them in decent shape.

There's also a major Spyro revival planned, a new Spider-man game, more new IPs in the works and of course their real cash-cow (Blizzard).   Activision's going to do fine financially, and putting Tony Hawk & Guitar Hero to rest (for awhile) was probably a smarter move than anything.  Shame about True Crime though.