There's a new Fable! Lionhead Studios is working on an exclusive new entry in its action role-playing series.

Called Fable Legends, the game is headed to Xbox One as an exclusive. You can play with up to three friends via co-op or alone with three A.I. companions. The game also lets you play as the villain, controlling the evil beasts as well as the various traps and tricks the heroes face.

The game also uses SmartGlass for tablets and smartphones, allowing players to track progress and read up on quests. Villains can use SmartGlass as a second screen, allowing both good and evil to play co-op on the same sofa.

Geoffrey Tim, Graeme Selvan, Major Nelson, iNicolas2, Joypad, SoloXboxOne [Twitter]

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