New MMORPG in the works by Square-Enix

At the Game Developers Conference Sage Sundi, the producer of the Japanese version of Everquest II and part of Square-Enix’s PlayOnline division spoke a little bit about Final Fantasy XI’s cross platform success. He also revealed that Square-Enix is developing a MMORPG for the next generation of consoles, but they didn’t actually reveal what the game was. Could it be Fantasy Earth: The Ring of Dominion?