Activision declined Spielberg's offer, reportedly due to his insistence on having complete control over the project, including final cut and production.
Had the deal proceeded, Universal Studios would have produced the film; however, it is now being produced by Paramount.
The Call of Duty franchise is one of the most popular media franchises globally, having sold over 500 million copies since 2003.
Production for the Call of Duty film has not yet begun, with the cast and director still unconfirmed.