This is the Elder Scrolls Online. It will be a third-person, complete, high-quality voice-acted title with visuals that look like Massively Multiplayer Online game RIFT, and will feature no dragons, romantic relationships, or pets. However, The Elder Scrolls Online will allow for users to visit all of Tamriel — that is Skyrim, Cyrodil, Hammerfall, and all of the territories we’ve come to love over the past few years. It is set 1000 years in the past and is said to go further than “saving the world from the awakening of ancient evil,” asking instead “what happens when hundreds or thousands of prophesied heroes all think that they should be Emperor?” Thus it is set in the age of Molang Bal, a draconian Daedric god that if you’ve played the franchise enough, is a pretty bad guy.
Specific locations available will be Imperial City, Windhelm, Daggerfall, Sentinel, Mournhold, Ebonheart, Elden Root, Shornhelm, Evermore, Riften and many others. The game is said to feature “most” of Tamriel including Skyrim, Morrowind, Summerset Isle, and Elseweyr. Very nice.
Next up: flying mounts. While not dragons, they can fly. Gameplay will be divided among three groups: The Ebonheart Pact is composed of the Nords, Dunmer and Argonians. The Aldmeri Dominion includes Altmer, Khajit and Bosmer. Lastly, Daggerfall Covenant features the Bretons, Redguard and the Orcs. The level cap in roughly 120 hours; the end-game will feature high-end public dungeons with an added Heroic mode, as well as obvious faction-based PvP.
More details are at Game Informer.