“We are pleased to announce that Microsoft and @PlayStation have signed a binding agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard. We look forward to a future where players globally have more choice to play their favorite games.”
https://twitter.com/XboxP3/status/1680578783718383616
No word on how long the deal is for, but my guess would be 10 years.
Digital foundry had an interesting take on this. Cod makes more than 1 billion a year, and cost probably more each year than any other franchise to develop and maintain. If Microsoft made it an Xbox exclusive, they might cut that 1 billion dollar figure in half, and the franchise might bleed more money than MS would make selling more consoles. In fact, the franchise might go negative.
Basically, they can’t afford to lose the ps5 playerbase.