User blog comment:ShadowPancakes/ZeniMax Online Studios and Bethesda will officially announce Elder Scrolls Online in May 2012./@comment-173.20.187.97-20120318000923

The only way that this would ever work is if it was like Diablo 2. And by that I mean make it where it's just groups of player working together in a randomly spawned world that changes every time you play but the core details stay the same (such as bosses and quests you can get).

It's not much of an MMO but it preserves the spirit of TES more.