During the 2011 GDC (Game Developers Conference) the lead network engineer for Bungie Games, David Aldridge, confirmed that the next Bungie game title will indeed be an MMO based game. It was later denied by Activision, but I personally don't believe Activision.
Click here to read the related article,
http://xbox360.ign.com/articles/115/1153533p1.html
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