Furthermore, Microsoft also plans to close Denmark-based Press Play Studios:
The bad news doesn't stop there. Microsoft plans to close Press Play Studios in Denmark and halt development of Press Play's Project Knoxville. In both cases, the company says it's making the changes "to focus its investment and development on the games and franchises that fans find most exciting and want to play." That's hardly comforting for fans of the Fable series, who doubtless found those games to fit both of those criteria.
Via: The Tech Report