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Destiny sequel in development, current game has more than 9.5M registered

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Destiny was the largest new franchise launch in video game history and ranks among the top ten largest video game launches of all time, according to publisher Activision. So it shouldn't be a surprise that Bungie is not only working on more expansions, but the next full game.

"Work has also begun on future expansion packs as well as on our next full game release,"  said Activision Publishing CEO Eric Hirshberg during today's Activision Blizzard earnings call. "We're very pleased with the launch and continuing engagement."

To date, Destiny has more than 9.5 million registered users and active players are playing the game three hours a day on average, according to the publisher's quarterly report released today.

In September, Activision announced that the game had sold through more than $325 million worth of products in its first five days of availability. Today, the company said the game had non-GAAP revenues of more than $500 million in its third quarter.

Destiny's success, according to Activision Blizzard CEO Bobby Kotick, helped drive the company's "record" third-quarter results.

Update: This story has been updated with details obtained from today's earning's call.