Activision video game 'Destiny' sets pre-order record - executive

A crowd waits for a video presentation at the Activision booth during the 2014 Electronic Entertainment Expo, known as E3, in Los Angeles, California June 11, 2014. REUTERS/Jonathan Alcorn

By Malathi Nayak

SAN FRANCISCO (Reuters) - An Activision Blizzard executive said on Tuesday the company's upcoming "Destiny" shooter game has set a video game industry record as the most pre-ordered new title.

Activision, the largest U.S. video game publisher by revenue, has made a massive bet on "Destiny" by investing $500 million (£297.40 million) to develop and promote the title in a bid to build the sci-fi role-playing videogame into its next multibillion-dollar franchise.

Activision Publishing Chief Executive Eric Hirshberg, speaking at the Gamescom video game conference in Cologne, Germany, said Destiny is "the most pre-ordered new IP (intellectual property) in history," according to video game retailer GameStop.

Investors hope that "Destiny," scheduled for release on September 9 from Bungie, the same studio that created Microsoft's best-selling "Halo" franchise, could re-invigorate Activision's revenue, which slid 6 percent in 2013.

"Destiny" is a combination of a traditional shooting game format and a role-playing game in which gamers play characters in a real-time online world. The title allows gamers to play "Guardians" who protect the last city standing on a post-apocalyptic Earth.


(Reporting by Malathi Nayak; editing by Andrew Hay)