The Elder Scrolls Online Website is online as home to the just-revealed MMO installment in Bethesda's RPG series. This is more-or-less a placeholder at the moment, but it does offer an announcement trailer bringing the game's logo into view following a dramatic buildup. No gameplay or cinematics are included, but there is also now a new screenshot on the Bethesda Blog.
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Slashman wrote on May 4, 2012, 23:58: This just feels like the classic case of: 'Everyone and their sister is doing an MMO. We too, need a pointless blackhole in which to toss good money, which otherwise could have been used to create actual interesting additions to the Elder Scrolls game franchise.'
You forgot the "since WoW has 10 million+ subscribers, all we need to do is build it and they will come. Even if its total crap, we can build it and get millions of people to pay for it" If WoW wasn't around, there'd be a lot fewer MMOs. Everyone looks at their subscriber base and assumes thats the kinda numbers they will get.
Reality is that non-WoW MMOs get more like 100k subscribers IF they are lucky and good. Thats the kinda numbers that MMO's should be designed to be sustainable at. Instead they end up being designed to fail if they don't get millions of subscribers.