Lionhead Studios went on the Major Nelson podcast to announce that a Fable HD Remake is in the works. The game will be called Fable Anniversary and it comes with the Lost Chapters DLC, SmartGlass integration, improved UI, faster loading times, tighter controls, better textures, a new lighting system, new facial animation, Achievements and new cut-scenes and many improvements yet to be announced.
It will be released exclusively for Xbox 360 but a release date has not been announced yet.