Fable Legends was announced during Gamescom 2013 last August. Needham also today provided an update regarding how the game is shaping up. "Fable Legends is an exciting title that's really fun already," he said. "We're building it with Unreal Engine 4 and that combined with Xbox One has resulted in us building I think one of the most beautiful games on the platform."
The newest entry in the series since Fable: The Journey (outside of this year's Fable Anniversary), Fable Legends includes co-op for up to four players. The game will also allow one player to take on the role of a villain, though we're still awaiting details on how specifically this will work.
Lionhead Studios said previously that it expects Fable Legends, an online-focused role-playing game, to have a lifespan of up to 10 years. It will be supported over that extended period of time by Microsoft's cloud services, according to Needham.