Lionhead Studios was a British video game developer founded in 1996 by Peter Molyneux. The studio became well-known for creating innovative and ambitious games, particularly the Fable series, which combined role-playing elements with moral choices that affected gameplay. In 2016, Lionhead Studios was closed by its parent company, Microsoft, after struggling to produce new titles. Despite its closure, the studio left a lasting impact on the gaming industry, influencing how developers approach storytelling and player choice in video games.