The news comes straight from Treyarch, who made the decision to keep the campaign absent from last-gen consoles, claiming that the "ambitious scope of the 1-4 player coop campaign design of the PS4, Xbox One and PC versions could not be faithfully recreated on old generation hardware".
Though there will not be a campaign offering, Black Ops 3 will still release on Xbox 360 and PS3 with the multiplayer and zombie components. The Xbox 360 and PS3 versions will retail $49.99, while the XB1/PS4/PC version will retail for $59.99.
After Microsoft"s early release deal with Call of Duty content expired, Sony jumped at the opportunity to grab the rights for eary release and exclusive content for upcoming CoD games. Playstation 4 players will be able to purchase a limited-edition Black Ops 3 themed PS4, which includes a 1TB hard drive, when the game launches on November 6.
Source: Treyarch