Paramount, the Hollywood studio recently acquired by the software billionaire Ellison family, will make a movie based on the wildly popular "Call of Duty" video games, it announced Tuesday.

Scion David Ellison, son of Oracle founder Larry Ellison, assumed control of Paramount last month and is overseeing a major effort to revitalize the storied but ailing studio behind "Top Gun" and "The Godfather."

First-person-shooter series "Call of Duty" is one of the world's best-selling games franchises, having sold 500 million copies. It is played monthly by more than 100 million people.

"As a lifelong fan of 'Call of Duty' this is truly a dream come true," said David Ellison, in a statement.

The "Call of Duty" games are made by Activision-Blizzard, which was itself purchased by Microsoft in 202

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