Earlier this year, the beloved developer of the Fable series Lionhead Studios had begun conversations with Microsoft on the potential closure of the studio following the cancellation of their most recent project, Fable Legends, with the studio having officially been confirmed to close today.
After the initial report that Microsoft was considering to close the studio in early March, talks had gone underway between the company and Lionhead to seek potential buyers of the company. However, a statement to Eurogamer from a Microsoft representative confirms that the studio would be closing today, April 29th:
“We can confirm that after much consideration over the six week consultation period with Lionhead employees, we have reached the decision to close Lionhead Studios. We have nothing but heart-felt thanks for the team at Lionhead for their significant contributions to Xbox and the games industry.”
Originally founded by Peter Molyneux in 1996, Lionhead Studios was most well-known for the Black and White series on PC and the Fable series on Xbox, with the studio having also worked on various other projects that were (unfortunately) short-lived such as BC, Milo & Kate, and most recently Fable Legends for Xbox One and PC.
We here at DualShockers give our best to the employees and those affected by the studio’s closure, and certainly thank the team at Lionhead Studios for their tremendous games that we will certainly remember with fondness and gratitude.