Bethesda revealed at tonight's Spike VGAs that they are currently working on the long-awaited Elder Scrolls V, and even included a release date.
The premiere trailer depicts a massive dragon awakening atop a mountain of skulls, promising a new age "born in fire." The official title is Elder Scrolls V Skyrim.
The most recent Elder Scrolls title was released back in early 2006, making it one of the Xbox 360's earliest major releases. A PS3 version was released the following year.