Fable Legends Canceled

In a press statement this week Microsoft announced that is has cancelled the latest Fable game ‘Fable Legends’ and has announced plans to close Lionhead. Founded in 1996 by Peter Molyneux and bought by Microsoft in 2006, the game studio has produced such iconic game franchises as Fable, Black & White, and The Movies. However, in recent years the studio has struggled with overhyped products and poor game sales.