Rumor: Alan Wake 2 being developed for Xbox 720

The latest issue of Xbox World is claiming that not only is Microsoft and Rare working on Alan Wake 2 for the unannounced Xbox 720, but a number of their studios are working on games for the next-gen Microsoft console.

”We hear a number of Microsoft-friendly developers are hard at work on prepping next gen games as we speak. Could this be the reason why Remedy are so quiet about Alan Wake 2? (Yes)” read a report in the magazine.

“Rare, Lionhead and Turn 10 all have teams in place too. Rare, we hear, are even prototyping ideas for a new ‘mature title’,” the article adds.

Lionhead is reportedly already working on Fable 4 for release in 2013, according to the Rumor section in the October 2011 issue of the US Official Xbox Magazine. Is it actually being developed for the Xbox 720?