Fable Legends Announced for Xbox One, First Trailer

"Fable Legends unites the classic gameplay that players have come to love from the series with all of the next-generation capabilities of Xbox One. For the first time, grab your friends and go on adventures up to four Heroes can cooperatively discover the quests and stories of Albion. Or, play the villain where you can mastermind the game in real time. Fable Legends takes advantage of the graphical processing power of Xbox One, and when coupled with Unreal Engine 4, delivers a rich and beautiful world."

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So is this the first console game using Unreal 4? 

I like what i've seen so far.

U can play single player its just that u will have 3 other AI companions playing alongside u.