ZeniMax Media - parent of Bethesda and ZeniMax Online - has received $300 million in investment, according to Gamasutra. The money will go to a range of places, but the article specifically notes that it will help fund the new MMOG project headed up by former Mythic Executive Producer Matt Firor.

ZeniMax Media, the parent of Oblivion creator Bethesda, has announced a $300 million investment by Providence Equity Partners to fund future growth, ramp up publishing and development, facilitate acquisitions, and finance MMOGs.

The full story is on Gamasutra.