Microsoft cancels Fable Legends, plans to shut down Lionhead Studios

This is a cryin' shame. I know Fable III fell quite short on what was promised, but I still thought it was a great game with brilliant scenery, music and atmosphere. I for one am quite sad that There will be no more Fable's.Microsoft is canceling development of Fable Legends, Lionhead Studios' Xbox One and Windows PC game, and is "in discussions" to close the Fable developer, according to a statement released by Hanno Lemke, general manager of Microsoft Studios Europe.
"After much consideration we have decided to cease development on Fable Legends, and are in discussions with employees about the proposed closure of Lionhead Studios in the UK. Additionally, we will close Press Play Studios in Denmark, and sunset development on Project Knoxville." - Hanno Lemke
