It will be very interesting to see the impact, if any, this has on the industry. It's definitely going down as the worst game/studio failure in gaming history. Will any of them listen to what the fans are telling them? Or will they carry on making slop like concord and then blame the fans as the reason it failed?
The last two generations have been bad. ps4/Xbox one and ps5/series, both generation were very weak compared to the two generation before those. As long as every game developers main focus is trying to get the next live service phenomenon, things are just going to get worse. They need the remasters and re-releases to offset the losses from all the failures. Concord is just the cherry on a huge crap sunday. And anthem, gothem knights, suicide squad, skull and bones, avengers, redfall... Are the sprinkles.
The studios are looking for the constant revenue stream, and reviving old franchises will only give them a small win here and there. It's really no different than the clown show that's running Disney now. The future doesn't matter, it's all about right now, let the next guy worry about it. Embracing your legacy only works for Nintendo apparently. So many video game companies have amazing games that have been dormant for 20 or 30 or more years. Look no further than Sega. Two of modern gamings biggest franchises came from this very thing. Bethesda revived fallout from a 2d isometric game. And Ubisoft, while technically assassin's Creed wasn't a revived franchise, Prince of Persia was. And that became a decent success that lead to the creation of Assassins creed with it's tech.