Eurogamer is reporting that TES V will follow on directly from Oblivion. Their story comes from a journalist who sat behind "a person involved in the game" on a plane trip, so should be taken with a large pinch of salt, but is still interesting as so far in the Elder Scrolls series, no game has been a direct sequel to another.

http://www.eurogamer.net/articles/2010-11-23-rumour-elder-scrolls-5-in-the-works

Now are you doing the usual thing and reading the first paraphrased paragraph or are you reading the actual article in quotes underneath that witch doesn't even include the phrase 'direct sequel?" Of course you did the former or this thread wouldn't exist. Okay, next one.

And I should probably mention that a good handful of the thread this is SUPPOSED to be in has already beat this article to death.

Please use the official TES V speculation thread for this.