I thought we might have reported on this already, but I couldn't seem to find a mention of it.
Shack News sat down with Pete Hines about a month ago to talk about Fallout: New Vegas. Here are some highlights:
Shack: When did Bethesda start thinking about a Fallout spin-off?
Pete Hines: It's something that we've discussed at night for a while, and just had talked about doing. And we said, well, if we're going to do this, we want to do it with the right kinds of folks, and the folks that could do right by it, have the right kind of experience, the right background.
Honestly, we just felt like Obsidian was a great fit for that. They have experience doing this kind of thing, they have guys that worked on the original Fallout games. We really liked their idea for what it is they wanted to do, and we just said, "Okay."
Shack: What has Bethesda's attitude been in terms of allowing Obsidian freedom to create their own Fallout game?
Pete Hines: I think we tried very hard not to put much in the way of parameters on them. To let them kind of come up with the idea. So we didn't go to them and say, we want a game that is set here, and--we didn't do that. We said, "What would you do with it? If we were going to do this, what would you guys like to do?"
You can read the whole interview here.
Edit: On second look, it seems this article was from April, not August as I originally thought. That makes me pretty positive we covered this, but no sense in deleting it now.