Lionhead Studios and Microsoft
Molyneux came up with the concept for Lionhead's first game, Black & White, and convinced his small staff to take on the task in late 1997. He paid the $6 million in development costs himself. After three years, in 2001, the game was finally released.
In April 2006, Lionhead Studios was acquired by Microsoft Game Studios. At E3 2006, Peter Molyneux gave several interviews in the press, in one of which he stated that "I think you're going to see a lot more fantastic games from Lionhead because of that relationship ." On 4 June 2009, he was promoted to Creative Director of Microsoft Game Studios, Europe, although he continued to produce video games with Lionhead Studios.
On 7 March 2012, Molyneux announced that he will be leaving Lionhead and Microsoft — after the completion of Fable: The Journey — to begin work at a company founded by former Lionhead Studios CTO Tim Rance called 22Cans.
Read more about this topic: Peter Molyneux