It's no surprise that Paramount Plus canceled the big Halo movie adaptation after just two seasons. While this won't surprise most people, it's still a slap in the face to any fan of the franchise.
Halo TV series canceled on Paramount Plus after two seasons – IGN The Fix: Entertainment
The pain here is twofold. For those who actually enjoyed this shoddy Halo series (and I really won’t hold that against you), the problem is clear: there’s no longer any story to be derived from a story you enjoyed, which is an endemic phenomenon in the streaming industry that’s only getting worse.
On the other hand, for the loyal Halo fans who have played the franchise’s many great video games, devoured the books, series, and comic spin-offs, and have been hoping for a live-action adaptation ever since 2001’s Combat Evolved, this can only feel like a stab in the back. 343 Industries seems eager to keep the adaptation alive, but overall it feels like a failure for Halo on TV.
That hurts, not least because any Hollywood executive asked to greenlight a blockbuster TV series or other prestige television series will look at Paramount's not-so-successful effort, see that it crashed and burned, and put a big "NO" on the proposal.