An Indiana Jones TV Show Ended Before it Even Began?

It was recently reported that Disney canceled a planned "spin-off" series based on the Indiana Jones character (like so many such efforts, a prequel about a younger Indy still being mentored by old Ravenwood).

Given the general retreat from high-cost streaming content on the part of the Disney studio in the wake of massive losses here I am not too surprised by the report, the more in as this seems part of a broader decision to focus on Star Wars, which is probably a bigger prize, and also plenty to keep Lucasfilm busy. I am also unsurprised in that recently restored Disney CEO Bob Iger had green-lit The Young Indiana Jones Chronicles back in his ABC days (indeed, this was part of his "in" with George Lucas when he approached him about buying out Lucasfilm)--and then watched the series prove an expensive flop. (In fact, I suspect this may have factored into, to go by reports circa 2016, Iger's thinking Indy less likely "to have a massive shared universe like Star Wars does.")

Still, if this can seem part of a broader retrenchment, and a matter of Iger having already "been burned" by a prior young Indiana Jones series, I can't help wondering if this is not in its way an indication of less than great confidence in the appeal of the new movie anchoring any continuation or expansion of the franchise.