No word on if it will be an existing or new title.
After the rumors that were swirling around yesterday, Turbine has released a short statement confirming that they are currently working on a console title. While the name and genre of that title has not been released, they have hired over 60 to work on this project.
"We've hired over 60 people since the beginning of the year," said Mersky. "The people that invested in us, Time Warner... one of the media giants, getting into the MMO fold, and that's obviously a big deal. They also have a huge distribution network... that may bear fruit for us."
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