
Record-Breaking Call of Duty Budgets: A Look at the Rising Costs of AAA Game Development
Recent disclosures reveal that Activision's Call of Duty franchise has shattered budget records, with development costs reaching a staggering $700 million for some titles. This surpasses even the famously expensive Star Citizen. Black Ops Cold War, in particular, stands out with its over $700 million price tag.
The sheer scale of AAA game development is often underestimated. These projects are multi-year endeavors, demanding immense resources and financial investment. While indie games frequently rely on smaller budgets secured through crowdfunding, the AAA landscape operates on a vastly different scale. Blockbuster game budgets have steadily climbed, eclipsing even the high-cost projects of the past. Games like Red Dead Redemption 2, Cyberpunk 2077, and The Last of Us Part 2 were considered expensive in their time, but the Call of Duty figures dwarf these previous benchmarks.
Court documents filed on December 23rd revealed the development costs for three Call of Duty titles: Black Ops 3 ($450 million), Modern Warfare (2019) ($640 million+), and Black Ops Cold War (>$700 million). Black Ops Cold War, despite being financed solely by Activision, surpasses Star Citizen's $644 million development cost, a game funded through crowdfunding over 11 years. The success of these titles is evident in their sales figures: Black Ops Cold War sold over 30 million copies, while Modern Warfare sold over 41 million.
Black Ops Cold War's $700 Million+ Budget: A New High Water Mark
The budget for Black Ops Cold War represents an unprecedented level of investment in video game development. This raises questions about the future costs of AAA games, particularly considering the escalating trend. Comparing this to the $40 million budget of the groundbreaking 1997 release of Final Fantasy VII illustrates the dramatic increase in development costs over the years.
Activision's recent disclosures serve as a stark reminder of the ever-increasing financial pressures within the video game industry, highlighting the significant investment required to create today's AAA titles.