Now, Ive been playing a large variation of MMOs for nearly a decade now and there is generally a certain trend with announcement and release. When it comes to releasing MMO's the developers have a few things to consider, community and Beta. Community make MMO's, WOW's newest expansion has been in beta for 3+ months and has been announced for more then a year. The up and coming KOTOR MMO has been announced for I think two years now and has still to have a beta, which will no redoubtably be out for months.
New MMO's need lots of press, they need to let everyone around the world that this game is coming out. I don't see how TESV will be an MMO when they plan to release it very soon after announcement and are close to completion.
That said. They have two games under raps that have yet to be announced. One could quite possibly be an elder-scrolls MMO but I do not foresee it coming out any time soon. New title MMO's generally take more then 2 years to create.
I would read Octobers edition of EGM's magazine, link @ bottom:
"Finally, Fallout and Elder Scrolls fans will love this month’s EGM Interview with Bethesda’s Todd Howard. Get to know the creator of Elder Scrolls: Oblivion and Fallout 3, the inner processes of Bethesda, and some hints about the future!"
Source(s):
http://www.eurogamer.net/articles/2010-08-16-bethesdas-todd-howard-interview
http://egmmediagroup.com/blog/page/277
If I was to guess I would say we will see an announcement before the new year and possibly a release early - min 2011.
Nope. Bethesda Game Studios said that they do not make MMOs. You can rest assured that not only will TES V not be an MMO, but there will never be an MMO made by them. The second project they are working on is likely Fallout 4.
However, Zenimax Online does make MMOs, and chances are extremely good that it will be a TES MMO. It wont be TES V, but it will be a TES MMO. It just wont have been made by Bethesda Game Studios.