"From all of us here at Lionhead Studios, we would like to thank you for participating in the closed beta and being a part of the game's development," the developer said in a statement. "All stories have to end eventually, but the memories of Heroic triumphs and Villainous plots will last forever. Thank you for your support -- you are all Legends!"
A recent report citing sources inside of Lionhead claimed that there have been talks about continuing development on Fable Legends. More specifically, Lionhead employees were asked if they'd be interested in continuing to work on the game as opposed to being let go with a severance package. One source indicated that there is the possibility of picking up development as an independent studio.
Asked about this possibility, a Microsoft representative told GameSpot, "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."