Given that ES V just came out last year, it's unlikely that there will be a "new" Elder Scrolls game for at least another 3-4 years.
Bethesda Game Studios has been coming out with many new games. These games include The Elder Scrolls V: Skyrim, The Elder Scrolls IV: Oblivion, The Elder Scrolls III: Morrowind, and Fallout 3.
There are many rumors of Bethesda starting the work on Elder's Scrolls 5 but no official conformation yet More than likely; bethesda has made so much money off of their Elder Scrolls series and Fallout that there's no way their gonna stop making em. In fact i think Oblivion is in the top 10 RPG's of all time.
No, it is an entirely new game and is set hundreds of years after oblivion
Oblivion is not a series, it is the fourth installment in the Elder Scrolls series. The fith one, Elder scrolls Skyrim, comes out on 11-11-11.
Character creation in the new elder scrolls is a big step up from oblivion. Each race has been more virtually defined in which the detail and the uniqueness of each race has been greatly increased. In skyrim, at the beginning you are a prisoner like the elder scrolls previoulsy but the scene in which you will be editing your character will be in daylight in the middle of a small town.
Probably not, however there will be more explorable areas.
It has not been announced yet but due to bethesda's success with the new one they will probably be making more
The creators of the Elder Scrolls have recently said that they will create an Elder Scrolls online, it will be a mix of all the Elder Scrolls. This feature resembles World of Warcraft, and doesn't look like it will have the same feel as Skyrim. Also, there is a new MOD being created for PC that allows a player to play only Skyrim and does not include the other Elder Scrolls. This MOD looks alot more fun, and more like the original singleplayer Skyrim, except you can do quests with your friends. Unfortunately, this MOD is still being perfected, and will not be completed for some time.
There isn't a 'new' Oblivion. But, for the series Oblivion is in (The Elder Scrolls), the next game (Skyrim) releases on 11/11/11.
When will they start? Maybe, just maybe, they already have, since Paul Oughton, the publishing executive for Bethesda, said last year: "At the moment we've got Fallout 3 for this year and potentially there's a new Elder Scrolls title in 2010".
One may purchase the Elder Scrolls 5 video game from Game Stop, Future Shop or Best Buy. They have brand new as well as used copied for sale at Game Stop. Also, one may trade in a old game for a discount on a new one.
There's been no official word on when the sixth TES will land. Why? Simply because it doesn't exist well, not yet anyways.