Microsoft has confirmed that Lionhead Studios has officially been closed.
“We can confirm that after much consideration over the six week consultation period with Lionhead employees, we have reached the decision to close Lionhead Studios,” Microsoft said in a statement to Eurogamer. “We have nothing but heart-felt thanks for the team at Lionhead for their significant contributions to Xbox and the games industry.”
Talks were underway that could have meant that Lionhead remained open and its staff continued to work on Fable Legends. The work would have been performed in lieu of payouts.
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