Microsoft cancels 'Fable Legends' and closes Lionhead

[Joystiq]

Fable Legends has officially been canned and developer Lionhead Studios will be shut down, Microsoft announced in

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this morning. Fable Legends was poised to be a

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, multiplayer-focused, fantasy-action game -- and a

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from previous installments in the series. Microsoft announced Fable Legends in 2013 and it was supposed to launch in late 2015, though in December it was

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.

Lionhead is based in the United Kingdom and it's responsible for franchises such as Black & White and (of course) Fable. Famed game designer

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founded Lionhead in 1997 and led it for decades, even once Microsoft

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in 2006. Molyneux left in 2012 after finishing

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.

Source:

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