Destiny has sold very well but remains problematic in the eyes of many gamers Bungie

Activision has announced that a sequel to online multiplayer shooter Destiny is in the works at Bungie.

During its latest financial report (via VG247) Activision's Eric Hirshberg celebrated the "largest new franchise launch in history" and revealed that 9.5 million users are currently registered to the game.

The figure isn't quite reflective of units sold however, as it includes multiple PlayStation Network and Xbox Live accounts created on a single console.

Hirshberg also revealed that work on the future of the series was well underway with expansion packs beyond The Dark Below – released in December. Only one other expansion pack has been officially revealed at this time - House of Wolves - but it would appear more are in the works.

A Destiny sequel was inevitable given Bungie's 10-year plan for the series and its commitment to publisher Activision, however this is still the first we've heard of a sequel definitively being in the pipeline.

For the quarter ending 30 September, 2014, Activision Blizzard reported revenues of $753m (£472m), compared with $69m (£433m) year-on-year. Interestingly it also announced that in Q3 digital channels provided 67% of the company's total revenues.

The Activision side of the business said it was confident that Call of Duty: Advanced Warfare would sell well this year as more PlayStation 4 and Xbox One consoles are snapped up. The Blizzard side meanwhile reiterated plans for Android and iPhone releases for Warcraft spin-off card game Heathstone and confirmed a 600,000 player increase in World of Warcraft subscribers ahead of the Warlord of Draenor expansion.