A bit hyperbolic. If they learned their lesson from Concord, no harm no foul. If not, they should look at new management.
It's definitely an insane situation, but I do think this is a very important takeaway. It's kind of crazy to pull the plug so quickly, but I also have a tiny amount of respect for not buying into the sunken cost fallacy.
I have to think they're going to do *something* with Concord. The rumored $200m budget is far too great to just *completely* throw away. I've heard others suggest it get reworked into a F2P game, probably go back to the drawing board on the character designs. Or hell, try to frankenstein it into some kind of single-player experience. I don't see a world in which they break even on it, but it's certainly possible they could rework things to try and recoup at least a portion of it.