BBC reports the studio responsible for the “Fable” series is due to shut after 20 years in the industry. Lionhead Studios was responsible for the “Fable” series, which in many ways for me was the first game which showed consequences to the choices you made. I did not play the rest of the series, due to poor reviews, although I may take a look now. “Fable: Legends” was due to arrive this year and revive the series yet will be scrapped after two years in development. Studio founder and game legend Peter Molyneux left the studio in 2012 due to work at another studio.