Everything indicates Paramount is bleeding money. We just lost Prodigy. Star Trek Picard became a game of "how will they use the Ten Forward bar set this week?" Episodes 2 and 3 of SNW S2 were bottle shows in one set or filmed in the real world.
Every streamer (including Netflix) can be shown to be 'bleeding money'. Yes, the media is currently claiming Netflix is the 'streaming success story' but go back just a couple of years and you'll see Netflix stories that show "Netflix has yet to make a profit, and they overspend on content creation...how long can they last???"
Um, I guess you didn't see the behind the scenes stuff regarding SNW S3E3 - yes, the car chase was filmed using the AR Wall to get some very nuce and big budget looking feature film level shots of them interacting in the car during the chase. the rst of it was filmed ON LOCATION in Toronto in real buidings and outside areas including a famous building a hotel, a store and a resturant. It was not 'another bottle show.'
As for completing and selling off S2 of ST: Prodigy, Paramount+ (and HBO MAX just did something similar a couple weeks earlier), is merging their Paramount and ShowTime streaming entities into one offering going forward - Paramount+. In prepping for that they looked at what each platform offers and culled shows that they feel don't fit with the new plan of what/how they want those content offerings to be perceived. And also to cut shows that are expensive and that they feel were underperforming in bringing in views.
ST: Prodigy was one such series that fit their 'cull' criteria and was 1 of 4 shows set in the Star Trek Franchise.
And as for their 'commitment' to teh Star Trek franchise, after Podigy S2 is sold, they still have (assuming the WGA and SAG/AFTRA strike situations are resolved):
- 1 Existing Star Trek Live Action show in full production: Strange New Worlds
- 1 New Star Trek Live Action show starting production: Star Fleet Academy
- 1 Existing Animated Star Trek show in full production: Lower Decks
- 1 Star Trek Franchise Streaming feature film in pre-production with an Oscar Winning Lead Actress Michelle Yeoh set to headline it: Star Trek: Section 31
^^^
That's still a lot of Star Trek Franchise content in the pipelline, so, no, Paramount+ isn't just abandoning ther Star Trek franchise.
And UNLIKE HBOMAX which took a COMPLETED DC franchise made for streaming Batgirl film and (by all accounts) finished it, screened it for the cast and crew then DESTROYED (yes, I'm sure copies exist somewhere, but this is what HOBMAX in claiming) all copies of it so they could get a large Tax Write Off for it...Paramount+ is COMPLETEING post production for all episodes of Prodigy S2, yes, so they can sell it, but they also could have decided to just sell what was done, and totally wash their hands of it; but they didn't.
But yeah, like Netflix when it was often near bankruptcy in the past, Paramount has a long term streaming strategy that they continue to pursue (which also includes their 100% free and Ad supported PLUTO TV streaming offering which they also use as a marketing tool by showing the first episode of many of their offerings there (for free) and offering past seasons of certain P+ shows on demand (again all for free) for a limited time when new seasons of those shows start streaming. Also, Yellowstone and it's spinoffs have been large hits for P+.
But, bottom line: No, I don't think they are going to be shutting down P+ or abandoning their current Star Trek Franchise offerings they are still producing anytime soon.