2K Games today announced a co-publishing agreement between Take-Two Interactive Software and Bethesda Softworks LLC, granting Take-Two co-publishing, sales and distribution rights to The Elder Scrolls IV: Oblivion, the sequel to the best-selling and critically acclaimed The Elder Scrolls III: Morrowind. Bethesda Softworks will continue to direct the development of the title and retains all future rights to the franchise. Check the press release for details.