Queen Etherelle is dying. In a desperate attempt to save her life, Princess Damselfly makes a pact with Death to retrieve the timepiece that was taken from him by the Fairy King.

Not just any watch, it has the power to restore time in a land that is timeless; where nobody grows old, yet nothing new can grow or be born.

Leaving her home, Thronegarden, behind, Princess Damselfly travels across the fairy tale land of Fable in search of the exiled Fairy King. Only by recovering Death's Timepiece from him, can Princess Damselfly save her mother and her people.

With her best friend, the gluttonous Buttontail, in tow, the princess sets off on a dangerous journey that no one believes it is possible to return from.