User blog comment:Jimeee/Elder Scrolls Online will be subscription based/@comment-87.127.181.153-20130822131735/@comment-67.171.88.45-20130823005629

Of course Bethesda game studios are not tied up in this at all, short of their loremasters. It is more likely however that bethesda game studio's focus is on Fallout 4 at the moment.