Bungie confirmed at the Game Developers Conference in San Francisco that it's working on a MMO action game. The company says they're embarking on a significant undertaking that will involve multiple games set inside this brand new universe.
The project will not be as simple as 'WoW in space' however, said David Aldridge, according to IGN.
Aldridge's comments come in response to rumours that the MMO is planned as a FPS-MMO, called Destiny. Destiny was said to introduce an entirely new engine and include PvP matchmaking, with rumour-mongers labelling it as 'WoW in space'.
Whatever the MMO turns out to be, it'll be published by Activision as part of Bungie's 10 year deal with the company after it split from Microsoft.