By Azura, by Azura, by Azura – the rumors were indeed true. Yesterday, Bethesda set the gaming community ablaze by unveiling Virtuos' remaster of The Elder Scrolls IV: Oblivion. This surprise shadow-drop, announced during an 'Elder Scrolls Direct', led to an immediate surge of hundreds of thousands of concurrent players. In a time when Bethesda Game Studios has faced numerous challenges, from the rocky launch of Fallout 76 to the lukewarm reception of Starfield, this re-release feels like a much-needed revival. With fierce competition from RPGs like Larian Studios' Baldur's Gate 3 and Obsidian's The Outer Worlds, fans have wondered if Bethesda has lost its touch. While Elder Scrolls 6 and Fallout 5 remain distant dreams, this Oblivion remaster could be a pivotal move – though perhaps not in the way one might expect.
At its zenith, Bethesda Game Studios was unrivaled in the RPG genre. In 2020, leaked Microsoft FTC documents disclosed that Fallout 4 had sold 25 million units, with over 5 million sold in its first week alone, according to VGChartz. By 2023, Todd Howard announced that Skyrim had surpassed 60 million sales, bolstered by numerous re-releases. However, Starfield, Bethesda's latest venture, has only reached an estimated three million units a year and a half after launch. Even when considering Game Pass subscribers and the absence of a PlayStation version, these figures likely represent a disappointment for Bethesda. While Starfield does have its dedicated fanbase, it pales in comparison to that of The Elder Scrolls and Fallout franchises, with the first expansion, Shattered Space, receiving criticism from fans.
This situation presents a significant challenge for Bethesda. With The Elder Scrolls 6 years away and Fallout 5 still just a rumor, how can this once-iconic RPG developer recapture its audience's hearts? The solution may lie in revisiting its past successes.
Rumors of the Elder Scrolls IV: Oblivion remaster began in September 2023, fueled by leaked Microsoft documents hinting at several unannounced Bethesda titles, including this remaster of the 2006 classic. The silence was broken in January 2025 when a former Virtuos employee leaked further details, sparking debates among fans akin to the Stormcloaks vs. the Imperials divide. The reveal finally came last week, igniting the internet – with over 6.4 million Google searches for 'The Elder Scrolls IV: Oblivion', a 713% increase in the last week alone. At its peak, Bethesda's reveal livestream attracted over half a million viewers. Despite the leaks, over 600,000 tuned in to see this 19-year-old game reintroduced. The demand was so high it caused discount game key websites like CDKeys to crash, and slowed down Fanatical and Green Man Gaming. As of yesterday, Steam reported 125,000 concurrent players, making the game the #1 best seller. The passion for Oblivion among Bethesda fans burns as brightly as the flames from the Oblivion gates.
The message from players is clear: if you (re)build it, they will come. What better way to keep fans engaged during long development periods than by inviting them back to the enchanting worlds of Morrowind or the post-apocalyptic landscapes of Fallout? From a commercial perspective, this strategy is sound. While Bethesda's main team focuses on new, long-term projects, trusted partners like Virtuos can craft remasters using existing blueprints in a shorter timeframe. These remasters leverage built-in audiences and introduce new generations to the wonders of Tamriel and the Fallout universe.
Bethesda has previously capitalized on its catalog successfully. During the first season of the Fallout TV show on Prime Video, Fallout 4 was discounted by up to 75%, accompanied by a next-gen update that included homages to the show, resulting in a 7,500% sales increase in Europe alone, despite the game's age.
Oblivion Remastered offers a visit to the past that looks like the future. Image credit: Bethesda / Virtuos
Looking back at Microsoft’s leaked Bethesda roadmap, a Fallout 3 remaster was mentioned to follow Oblivion two years later. Although timelines have shifted – Oblivion was initially slated for fiscal year 2022 – if the original gaps hold true, a Fallout 3 remake might be expected in 2026, coinciding with the second season of the Fallout TV show. Given the show's shift to New Vegas in its second season, could Bethesda be planning a surprise New Vegas remake? The synchronicity between the first season's vibe and Fallout 4's aesthetic suggests that Bethesda might be preparing something special for the New Vegas-centric second season. After shadow-dropping Oblivion, it's not far-fetched to imagine a New Vegas Remastered trailer at the end of Fallout Season 2's finale.
The message from players is clear: if you (re)build it, they will come. However, if there's one game in Bethesda's catalog that truly deserves a remake, it's The Elder Scrolls III: Morrowind. Fans have long clamored for this, with some even remaking Morrowind using Skyrim's tools in projects like Skyblivion. Yet, Morrowind poses unique challenges. It bridges Bethesda's evolution, built differently from modern Elder Scrolls games. It's partially voiced, relies heavily on text, lacks quest markers, and has simplistic combat physics. While Virtuos successfully updated some of Oblivion's systems, Morrowind's core mechanics are inherently complex. Remaking it is a delicate balance: modernize too much, and you risk losing its unique charm; leave too many old systems intact, and it might feel outdated.
When a studio is synonymous with a gaming sub-genre, the challenge is to innovate while retaining its audience. Rockstar Games has kept GTA fans engaged with GTA Online, fueling the rumored high budget for GTA 6. Bethesda's strength lies in its detailed, expansive single-player worlds, unlike the multiplayer-focused Elder Scrolls Online and Fallout 76. The overwhelming response to the Oblivion remaster shows that gamers are eager to revisit Bethesda's past. While not every remaster guarantees success – as seen with Rockstar's GTA Definitive Editions – the careful crafting of the Oblivion remaster suggests a promising path for Bethesda to reclaim its throne in the RPG world by revitalizing its beloved classics.