Bethesda increases funds for MMOs

  • Posted October 26th, 2007 at 12:28 EDT by
  • 3,772 views
  • 9 Comments

Bethesda has long been known for their deep RPGs such as The Elder Scrolls III: Morrowind and The Elder Scrolls IV: Oblivion.

Currently the company is working on the highly anticipated title, Fallout 3 for the PlayStation 3, Xbox 360, and PC platforms. However Bethesda as recently made a few moves that will make them a large force in the MMO market.

Bethesda Software and ZeniMax will be using funds from Providence Equity Partners for “future growth, increased game development and publishing, facilitation of acquisitions, and financing of massively multiplayer online games.”

This news comes after the formation of ZeniMax Online, a Maryland based company dedicated MMO division, headed by for Mythic producer Matt Fior. ZeniMax Online’s inaugural project is currently under the wraps.

“We believe that Providence will be an ideal partner for us as we build our businesses worldwide in the years ahead,” said ZeniMax Media founder, chairman and CEO Robert A. Altman in a statement.

Right now Fallout 3 remains to be the top priority for many PS3 RPG enthusiasts from Bioware, however with all going on in the MMO market such as World of Warcraft and Bioware’s secret MMO project, Bethesda could be bringing a unique MMO IP to the market sometime in the near future.

The Elder Scrolls V: MMO? Who knows, but please continue to check back with PSU, as we will bring you more information on this partnership when information becomes available.

Source: Next-Gen.biz

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What are your thoughts?

  1. Ill_Omen17 | Ill_Omen17

    • 12:47pm BST - October 26th, 2007

    MMO's are amazing but i didnt like oblivion so we'll c how this turns out

     

  2. tegesh

    • 1:25pm BST - October 26th, 2007

    i hate MMO especially warcraft

  3. Enacku | enacku

    • 1:31pm BST - October 26th, 2007

    MMORPG's are pretty good. Just havent been any good ones recently, waiting for warhammer or conan. Warcraft and eq2 were fun years ago, Oblivion was a great single player rpg, and would love if they take some of those graphics and idea's, and put them into a mmorpg that works on a console.

  4. gingo | gingo

    • 1:38pm BST - October 26th, 2007

    psn id: gingo.... the next elder scrolls being an mmo would be awesome but really confusing so they should probably stick to ewhat it is just now

  5. Mecha_Daddy | mecha_daddy

    • 2:11pm BST - October 26th, 2007

    The Elder Scrolls games are about  like single player MMORPG's.  They should be able to make the jump to a full fledged one.

  6. Clarky-132 | clarky-132

    • 2:13pm BST - October 26th, 2007

    What do you mean you didnt like Oblivion?

    It was awesome!

  7. PS3-The Ultimate Machine

    • 3:53pm BST - October 26th, 2007

    Is Fall Out 3 an adventure RPG,or a first person shooter?

  8. Nosferatu

    • 5:40pm BST - October 26th, 2007

    I'm not touching anything from bethesda ever again they release buggy and crashable games. But this is for PC only.

  9. LaWarre

    • 6:08pm BST - October 27th, 2007

    Would love to see Oblivion MMO, be nice to kill and plunder other people.  Especially pickpocketing them.

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