Sony, bluepoint games and God of War

Concord was a genre-defining disaster for Sony, so has it caused PlayStation to rethink its entire live service approach?
Sony have reportedly cancelled two more PlayStation live-service games, including one based on their flagship 'God of War' ...
A report by Bloomberg, which has since been confirmed by Sony, revealed that the company canceled a duo of live-service games in development at Bend Studio and Bluepoint Games, respectively.