MMORPG based on Elder Scrolls to be?

Well-known developer and publisher Bethesda Softworks has opened a new studio that will specialize in the development of MMORPG. Lead a unit called ZeniMax Online Studios will be Matt Fior. Previously, he founded the company Mythic Entertainment, the creator of the MMORPG Dark Age of Camelot, and now working on Warhammer Online under the wing of Electronic Arts.
via gameland

It seems, igroprom still strongly heels in the direction of the MMORPG, which do not develop only lazy. It can be assumed that ZeniMax Online Studios will develop an online game based on the Elder Scrolls world. And if this is so, then I strongly doubt the success of such a move: such strong atmospheric role-playing games like Morrowind or Oblivion can lose the lion’s share of their charm by moving to online.