>>149073748
The show audience for LPS 2012 wasn't representative of the whole toy buying market, who many didn't like the humans or the new aesthetic. LPS is a much smaller fandom but it was very Truck not Munky, but from like 13 years old girls on YouTube who still collected these bobblehead thingies
MLP G4 could have kept going yes, but it had 9 seasons making it the longest running Hasbro show next to Rescue Bots. Their typical formula is to always reboot properties because toylines come first, and those get rebooted every few years when a new generation ages out/in or so usually
The post G4 pony shit didn't have the things the G4 audience liked, it's like comparing TF Prime to RiD2015, but regardless of G4 still dominating public consciousness of the brand (literally still see NEW G4 merch all the time littered among the newer Gen merch) I think the brand is probably fine for Hasbros previous standard of it simply selling toys to parents for their daughter. I mean I haven't bothered seeing the recent genes but I can at least tell they're higher effort/appeal than what came before G4 and post G1, which was some of the most generic, cheap, and vapid "little girls show who cares" stuff more along the lines of like those CHI 2010s Care Bears and Strawberry Shortcake shows,just zero effort no appeal shit for three year old girls where a whole episode is like about a character sniffing flowers or crying cause they got called a dorky face or w/e