The Elder Scrolls: Online

[iLLGT3]

Set a millennium before the events of Bethesda's last The Elder Scrolls game,Skyrim, The Elder Scrolls Online will take place across all of Tamriel during a time
when daedric prince Molag Bal is wreaking havoc on the realm. The game will feature three player factions and PvP combat.

Kotaku

Can't wait to see Cyrodiil.

[Diablo]

Freemium?

[iLLGT3]

Here's a screenshot..

 

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Looks like every other MMO..

[mistermojo]

Will be interesting to see whether it captures the sheer scale and immersion of the previous games given it's focus on online play. To be honest I'd rather just have another 'normal' TES game with a borderlands-style multiplayer if anything, especially as I tend to stay away from subscription fees, which it will no doubt have