'Call Of Duty: Ghost' Release Date: Will Xbox 720 See It Before PS4? [VIDEO]

It's no secret that Microsoft and Activision have had a little fling in the past and it seems like the relationship between these two powerhouse companies will continue with the worldwide Xbox Reveal launch May 21.

UPDATE: 'Call Of Duty: Ghost' Release Date: Xbox Reveal Event Debuts First CoD Trailer [PHOTOS & VIDEO]

Reports are suggesting that during this reveal event held by Xbox we will see a release date for Call of Duty: Ghost along with the next gen Xbox 720.

Since 2009 Microsoft and Activision have had an agreement to give exclusive add ons and map packages to Xbox 360 users before any other console. So why wouldn't Activision continue a deal with the gaming company this time around.

The deal in context actually helps both sides. Microsoft has the following with most multiplayers online and Activision with a huge Call of Duty following. It's a match made in heaven. Check out the press release below:

LOS ANGELES, June 14, 2010 /PRNewswire via COMTEX News Network/ - Activision Publishing, Inc. (Nasdaq: ATVI) and Microsoft (Nasdaq: MSFT) announced today a multi-year agreement that will continue to bring Call of Duty(R) game add ons and map packs first to Xbox LIVE online entertainment network. The news was revealed today to a capacity-crowd at Microsoft's Xbox 360 E3 press conference in Los Angeles. The agreement which began in 2009 now extends for all add ons and map packs from the mega-blockbuster Call of Duty(R) franchise through 2012, including Call of Duty(R): Black Ops, the follow up to the largest entertainment launch in history and one of the most-anticipated titles of the year set for release Nov. 9th.

"Our Treyarch Studio is doing something special with Call of Duty: Black Ops, which is why we're thrilled to announce this Xbox LIVE agreement," said Philip Earl, Executive Vice President & General Manager of Activision's Call of Duty Business Unit. "This agreement reflects our shared and continued focus on creating the most compelling and exciting content releases for fans around the world."

Call of Duty titles consistently rank atop Xbox LIVE's most-played charts, making it the largest Call of Duty community of any entertainment system.

"With 25 million members, Xbox LIVE is the industry's premier online gaming service that establishes the best in cooperative and multiplayer online play for blockbuster franchises like Call of Duty," said Marc Whitten, Microsoft's corporate vice president of Xbox LIVE. "With the release of game add ons and map packs coming first to Xbox 360, Xbox LIVE is the place to play Call of Duty for years to come."

This time around COD: Ghost is being developed by Infinity Ward which is the same studio to produce the original Call of Duty and the Modern Warfare series.

With every COD launch the game has consistently beat game sales records every year and this year will be no different. The latest installment of Call of Duty is expected to continue with the trend.

Call of Duty: Ghost Teaser Trailer