http://www.techradar.com/news/reports-suggest-the-fable-franchise-could-be-returning-to-xbox

Less than two years after the closure of Lionhead Studios, Eurogamer is reporting that Microsoft is working on a new mainline Fable game.

According to sources close to the project, the game will be developed by UK developer Playground, best known for its work on the Forza Horizon series. Working from a newly-established office in Leamington Spa, Eurogamer’s sources have said that there will be a team of more than 200 working on the game, suggesting Microsoft is highly invested in it.