Microsoft wouldn’t budge on Fable IP despite multiple offers for Lionhead – report

However, despite the interest in the studio, Microsoft refused all offers to sell the Fable IP along with the studio.

Microsoft announced in March 2016 it had canceled Fable Legends and would shut Lionhead Studios down after a consultation period.

Many big names in the video game industry were interested in purchasing Lionhead Studios before it was closed, according to a report.