...Discovery has been canceled rather than ending per the collective decision-making of all parties - but it does change the temperature, if you will.
Relatively few TV series end "by the collective decision-making of all parties." There's almost always one or two essential partners - the producing studio, the producers, the network and/or key cast members - who decide that they're unwilling to continue, and everyone else has to adjust to that. If it's the studio or network that pulls the plug, it's most often financial considerations.
The real distinction is whether a cancellation decision is sudden or not. If it is, it's most often initiated by the people paying the bills.
This show's cancellation probably has more to do with the overall direction of Paramount+ and its financial outlook, rather than having anything specific to do with the show itself. As someone at another studio described the streaming environment recently, the days of spending a lot of money on projects because they're fun are over.
A five year-old streaming series doesn't attract new subscribers the way new shows do. The drop-off can be steep. This is why Netflix famously cancels "popular" shows after two or three seasons. The money going to an older show is paying diminishing returns; freeing it up to invest in new product is better business.
In the case of
Star Trek , with this cancellation the amount of money they'll be spending on new Trek in the next twelve months should drop precipitiously. Over the last few years they've funded three live-action series, all much more expensive than animation. Well, they're not spending any more on Picard and they won't be on STD. They apparently still have a season of SNW to make in 2023. That's a lot of savings that can be redirected into other projects, including new Trek shows in 2024.
I imagine he's basically Randy Marsh jizzing all over the place upon finally finding working internet and access to his porn in that South Park episode where the town lost their internet.
Like the streaming networks themselves, Doomcock cares primarily about how to please his subscribers. He's kind of brilliant at his scam, and when the helmet comes off I imagine he walks away laughing to grab a beer.