Many of our prayers have been answered as evidence from Game Informer as well as confirmation by Bethesda appear to indicate that we may see an MMO under the name The Elder Scrolls Online. ZeniMax Online Studios, who is developing the game, is a subsidiary of ZeniMax Media which is also the parent of Bethesda Game Studios. The game will be the cover story for June’s edition of Game Informer.
Teaser Trailer May 4th, 2012:
We will keep you informed on new information as we progress.
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Source: BethBlog