Hello!
To answer your question, take a look at this:
http://m.youtube.com/#/watch?v=YlEipFtHw7o&desktop_uri=%2Fwatch%3Fv%3DYlEipFtHw7o&gl=GB
Not much is known about the game, but it certainly is not going to be just an online version of a single player Elder Scrolls title. There wouldn't be a great deal of point if they weren't doing something different.
There are also lots of interviews etc here in this thread:
http://www.gamesas.com/topic/1434330-the-zenimax-video-interviews-of-2012/page__pid__22043277__st__30#entry22043277
Happy watching as we eagerly await more info.