Activision Blizzard announced 4th quarter and calendar year 2011 earnings. Speaking on COD Elite, they report now having 7M subscribers (free and paid) since going live in November. Of the 7M, 1.5M are paying $4.99 a month. Their digital revenues (DLC & subscriptions) were $1.6B for 2011, over 34% of the company’s total revenues for 2011 ($4.76B). Also announced, a new COD title is coming in 2012, and an Elite 2.0 is in development.