LOS ANGELES — Activision is trading “Modern Warfare” for “Ghosts.”


The video game publisher announced Wednesday that the next installment in its successful “Call of Duty” franchise will be titled “Call of Duty: Ghosts” and feature a new story and characters.


Activision Blizzard Inc. said “Ghosts” will be released Nov. 5 for PC, PlayStation 3, Xbox 360 and next-generation consoles.


The game is being developed by Infinity Ward, the Encino, Calif., studio that created the original “Call of Duty” and reignited the military first-person shooter franchise with 2007’s “Call of Duty 4: Modern Warfare” and its two sequels.


“‘Ghosts’ delivers an all-new story, all-new characters, an all-new ‘Call of Duty’ world, all powered by a next generation ‘Call of Duty’ engine, which is a leap forward for the franchise,” Activision Publishing CEO Eric Hirshberg said in a statement. “Infinity Ward is going all-in to create the next generation of ‘Call of Duty’ worthy of the world’s greatest fans.”


For more than five years, the action-packed “Call of Duty” franchise has garnered unprecedented success.


The previous “Call of Duty” game, Treyarch’s futuristic “Call of Duty: Black Ops II,” crossed the $1 billion mark in worldwide retail sales 15 days after its release last year. Infinity Ward’s “Call of Duty: Modern Warfare 3” hit the $1 billion mark in 16 days after its 2011 debut.


Activision said more details about “Ghosts” will be revealed May 21 at a Seattle presentation where Microsoft is expected to unveil the next Xbox.