I dunno if anyone else mentioned this (I haven't had my coffee yet and am too lazy to read all replies), but it's not necessarily Bethesda who's working on the game.
Zenimax, Bethesda's mother-company also has a branch called Zenimax online. Let's see what it says on their site:
ZeniMax Online is a part of the ZeniMax Media group of companies, which includes Bethesda Softworks, makers of the best-selling, award-winning Elder Scrolls series and Fallout 3.
Now, here's the interesting part, taken from their FAQ:
Who are you guys?
We're the best kept secret in the gaming industry? But, seriously, we're the online game development studio of ZeniMax Media, who also owns Bethesda Softworks. So think of us as the multiplayer-focused Bethesda Softworks.
Our President was one of the founders of Mythic Entertainment and was the producer of Dark Age of Camelot and lots of other titles there.
...
What are you working on now?
We really can't say. We're just not ready to say anything specifically about the title that we are developing except to say that it is a massive AAA quality MMOG title that we think will challenge the current market leaders.
Source: http://www.zenimaxonline.com/faq.html
Btw: this is not new. These statements have been there for at least a year, I think.
Zenimax, Bethesda's mother-company also has a branch called Zenimax online. Let's see what it says on their site:
ZeniMax Online is a part of the ZeniMax Media group of companies, which includes Bethesda Softworks, makers of the best-selling, award-winning Elder Scrolls series and Fallout 3.
Now, here's the interesting part, taken from their FAQ:
Who are you guys?
We're the best kept secret in the gaming industry? But, seriously, we're the online game development studio of ZeniMax Media, who also owns Bethesda Softworks. So think of us as the multiplayer-focused Bethesda Softworks.
Our President was one of the founders of Mythic Entertainment and was the producer of Dark Age of Camelot and lots of other titles there.
...
What are you working on now?
We really can't say. We're just not ready to say anything specifically about the title that we are developing except to say that it is a massive AAA quality MMOG title that we think will challenge the current market leaders.
Source: http://www.zenimaxonline.com/faq.html
Btw: this is not new. These statements have been there for at least a year, I think.