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Also I think you greatly underestimate how much buisness Activision did Legend.

For example there is the PC market... which does quite well in other markets outside of the US and which they had a couple big releases.

Not to mention games count that they publish yet do not develop. When we are talking straight development costs.

You are using a developer AND a publisher. You'd have to use a devloper only.

Of course... you've also got to deal with the fact that each deal between a publisher and developer is going to differ.  Just how the distributor deals are different.

Wal-mart pays less for it's videogames then Best Buy for example.