We first found out about Fable Legends back in August. Developer Lionhead Studios also announced at the time that the game, a prequel set in the earlier years of the land of Albion (before all that guns nonsense, back when it was truly magical), was almost exclusively their focus, and Fable IV was not being made. Lots of information was given about the new game, which would add an online cooperative multiplayer element that would allow you to play with friends, similarly to what The Elder Scrolls Online is doing.

All of that is well and good, but some new quotes from John Needham, the man who replaced Peter Molyneaux at the top of Lionhead, could lead one to presume that, just like the aforementioned Elder Scrolls Online, Fable Legends could be going the route of monthly subscription fees, or maybe microtransactions.

First came Fable: The Journey. Then came that mysterious cinematic teaser trailer. Now comes a brand new game in the Fable universe titled Fable Legends. None of these became what fans really wanted one of them to become, and that is of course Fable IV. The Journey ended up being a separate disappointing Kinect title. The mysterious trailer was for the HD anniversary re-release of the original Fable with The Lost Chapters (which, to be perfectly fair, is very much exciting in its own right).

Fable Legends is…well, something else. It sounds like it’s somewhere in between Dragon Age and The Elder Scrolls Online. Continue below to find out what we do know so far, and to see the game’s first trailer.