I’ve read this press release three times, and I still don’t know what it means, exactly, except that several traditional media corporations have jumped into online games in a huge way. Thanks to a joint investment by three VC firms, TimeWarner, NBC, and Bertelsmann (along with HP) have just made Redwood City-based Trion World Networks $30 million richer.The question is, to create what?The company site speaks of “leveraging the power of globally pervasive broadband to reach worldwide audiences”, but try as I might, specific details on Trion’s site are scarce. The top executives hail from Electronic Arts, NCSoft, and New World Computing, three established publishers, which strongly suggests a game-heavy interface. An earlier announcement says Trion’s service will “combine the best of games, broadband, and traditional media” on a variety of platforms.Will it be like Steam, but with Warner Brothers movies and NBC sitcoms gamers can download? Xbox Live, but with Random House books and BMG music you can get on your cellphone? We’ll be keeping an eye out for more details as they arrive. I just hope the business plan is a lot less vague than the press release. Hat tip: Campfiremedia.com.