Lionhead Studios set to close

Over on Xbox Wire earlier today we were greeted with the sad news that proposals are in place to close Lionhead Studios, famous for the Fable series. The article explained:

These have been tough decisions and we have not made them lightly, nor are they a reflection on these development teams – we are incredibly fortunate to have the talent, creativity and commitment of the people at these studios. The Lionhead Studios team has delighted millions of fans with the Fable series over the past decade.

This also means that the development of Fable Legends will cease. There was also bad news for Press Play Studios in Denmark, which will also close.

Press Play imbued the industry with a unique creative spirit behind games like Max: The Curse of Brotherhood and Kalimba, which both captured passionate fans. These changes are taking effect as Microsoft Studios continues to focus its investment and development on the games and franchises that fans find most exciting and want to play.

Sad times, our thoughts are with all those that are affected.