User blog comment:Kacj321/The Elder Scrolls Online Confirmed/@comment-3062372-20120504042823/@comment-96.227.248.90-20120504100712

I'm not 100% sure but i believe that Zenimax media is the Parent corporation of Bethesda softworks therefore Zenimax wasn't formed by members of Bethesda, now my knowledge of this is mainly from TES III's start up sequence it says something along the lines of from Bethesda softworks a subsidiary of ZeniMax Media inc  but as i said i'm not 100% sure