Lionhead Studios, most famous for developing the Fable series, has officially closed down as of April 29th, 2016. Microsoft Studios cancelled Fable Legends early last month, and at the same time announced that Lionhead would be entering a consultation period to discuss the possibility of a closure. That consultation period is now over, and with no buyers interested, Lionhead Studios is no more. The developer was founded in 1996 and has released a plethora of incredible and influential titles in their near 20 year history. A video game industry era has truly ended.