
"Multiple Buyers" Were Vying to Buy Lionhead, Say Sources
10
Wednesday, May 11, 2016 @ 01:24 PM
Wednesday, May 11, 2016 @ 01:35 PM
Wednesday, May 11, 2016 @ 01:40 PM
Wednesday, May 11, 2016 @ 01:48 PM
Wednesday, May 11, 2016 @ 01:50 PM
Wednesday, May 11, 2016 @ 02:12 PM
Wednesday, May 11, 2016 @ 02:13 PM
Wednesday, May 11, 2016 @ 02:21 PM
Wednesday, May 11, 2016 @ 02:35 PM
Wednesday, May 11, 2016 @ 03:41 PM
Wednesday, May 11, 2016
Following the closure of Lionhead Studios last month after 20 years of making games, a number of sources have claimed that there were several potential buyers lined up to acquire the studio during its consultation period. These buyers apparently included some of video game publishing's big names, but due to the confidential nature of the discussions surrounding Lionhead, said publishers have not confirmed their involvement.
However, letters of intent to purchase Lionhead were reportedly filed, but the transaction didn't go through as Microsoft had no desire to sell the Fable IP alongside the studio according to once source close to Xbox, despite offers in the hundreds of millions range.
"90% of the people interested just walked away at that point," the source told Kotaku UK. And without the Fable IP, any potential buyer of Lionhead Studios would have to publish Fable Legends or any new Fable games under a licensing agreement with Microsoft.
Had Microsoft been willing to let go of the Fable IP with Lionhead Studios, it seems that the outcome for the ill-fated developer could have been completely different. As it stands, Lionhead Studios has shut down and Fable Legends remains in the bin. As for the Fable series itself? Your guess is as good as ours.