Rumors are floating around that Lionhead may be in the process of reorganizing as an independent studio and that employees are in talks with Microsoft to recoup Fable Legends in order to continue its development. This information was revealed by MCVUK.com via three sources who independently confirmed the studio reorganization, though only one mentioned the talks with Microsoft.
At this time, contract employees at Lionhead have largely left, though some contract employees are still present.
A Microsoft spokesperson told MCV: “We aren’t sharing additional details beyond that we have ceased development on Fable Legends, and are in discussions with employees at Lionhead about our proposed closure of the studio as well.”
Development of Fable Legends was stopped on March 7, 2016 along with the announcement that Lionhead would be closing. If the rumors are true, this is great news for Fable franchise fans.