Medza
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So up to this moment there was no clear confirmation of just how ESO will be sold, but after a recent interview at Gamescom they have officially announced that the game will indeed have a subscription model like WoW. There's no solid confirmation on how much the monthly cost will be but as it stands they think that it will cost $14.99/€12.99/£8.99 which is quite a lot in comparison to the other large MMO's. Whatever the case, you can check out the full interview here:
http://www.gamestar.de/spiele/the-elder-scrolls-online/artikel/www.gamestar.de/spiele/the-elder-scrolls-online/artikel/the_elder_scrolls_online,44578,3026853.html
http://www.gamestar.de/spiele/the-elder-scrolls-online/artikel/www.gamestar.de/spiele/the-elder-scrolls-online/artikel/the_elder_scrolls_online,44578,3026853.html