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While Treyarch are hard at work on Call of Duty 5, Infinity Ward the makers of Call of Daty 4 are believed to be working on a IP according to community manager Robert Bowling, which they claim they will have complete control over. Will it be able to rival the COD franchise?
On his official blog, community manager Robert 402″ Bowling recently revealed that Infinity Ward has been hard at work on an all-new project following its contract renewal with publisher Activision. Thats not all though, as IW is also in the planning stages of development on a unique IP, one that the studio will have complete control over according to Bowling himself





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Anyway, IPs aren't necessarily system-exclusive. I believe it just means a game(s) that is neither a sequel or a spinoff. Basically it's like saying "a completely new concept."
I think that, usually, IPs are system exclusive, though I wouldn't be surprised if there were plenty of exceptions to that line of thought....
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