Could an Elder Scrolls MMO be on the way?
ZeniMax Media, the parent company of Bethesda, which created The Elder Scrolls IV: Oblivion, is getting a $300 million (£146 million) cash injection from Providence Equity Partners to be used for MMO's.
Specifically, ZeniMax tells us it is to be used "to fund future growth, increase game development and publishing, facilitate acquisitions, and finance massively multiplayer online games (MMOGs)."
It's no secret that the company is moving into the online space, with the company having recently set up ZeniMax Online Studios.
Just what the new studio has lined up that requires £146 million, however, remains a mystery. Peter Hines, PR and Marketing Boss from Bethesda, told SPOnG last night, "it just means we have more resources to draw on as we move forward with our plans to grow and expand." Needless to say, we were not left feeling suddenly enlightened.
"We believe that Providence will be an ideal partner for us as we build our businesses worldwide in the years ahead. Providence shares our strategic vision for the Company and is excited by the opportunity to help us move into a position of leadership in this industry”, said Robert A. Altman, ZeniMax's chairman and CEO. No help there either, then.
SPOnG's poking and prodding around Bethesda to ferret out some more information on what the money will be spent on. If the veil of secrecy slips, we'll be sure to let you know. In the meantime, guesses in the Forum please.
It was also announced that Michael Dominguez, a Managing Director of Providence, will join ZeniMax's board of directors which currently includes ZeniMax Media President, Ernest Del, Leslie Moonves (President and CEO of CBS), Harry E. Sloan (Chairman and CEO of Metro-Goldwyn-Mayer Inc.), Robert S. Trump (President of Trump Management), noted film and television producer Jerry Bruckheimer, and Hall of Famer Cal Ripken, Jr. Quite the powerhouse ZeniMax has there.
Specifically, ZeniMax tells us it is to be used "to fund future growth, increase game development and publishing, facilitate acquisitions, and finance massively multiplayer online games (MMOGs)."
It's no secret that the company is moving into the online space, with the company having recently set up ZeniMax Online Studios.
Just what the new studio has lined up that requires £146 million, however, remains a mystery. Peter Hines, PR and Marketing Boss from Bethesda, told SPOnG last night, "it just means we have more resources to draw on as we move forward with our plans to grow and expand." Needless to say, we were not left feeling suddenly enlightened.
"We believe that Providence will be an ideal partner for us as we build our businesses worldwide in the years ahead. Providence shares our strategic vision for the Company and is excited by the opportunity to help us move into a position of leadership in this industry”, said Robert A. Altman, ZeniMax's chairman and CEO. No help there either, then.
SPOnG's poking and prodding around Bethesda to ferret out some more information on what the money will be spent on. If the veil of secrecy slips, we'll be sure to let you know. In the meantime, guesses in the Forum please.
It was also announced that Michael Dominguez, a Managing Director of Providence, will join ZeniMax's board of directors which currently includes ZeniMax Media President, Ernest Del, Leslie Moonves (President and CEO of CBS), Harry E. Sloan (Chairman and CEO of Metro-Goldwyn-Mayer Inc.), Robert S. Trump (President of Trump Management), noted film and television producer Jerry Bruckheimer, and Hall of Famer Cal Ripken, Jr. Quite the powerhouse ZeniMax has there.
Companies:
ZeniMax Online Studios
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