
Official Halo Twitter account says that Master Chief is here to stay.
New reports indicate that Sony Interactive Entertainment and Insomniac Games may still have Marvel's Venom in development.

In an exclusive interview with Game File, new(ish) Xbox boss Asha Sharma and Xbox chief content officer Matt Booty explain their vision for Microsoft’s gaming division

These classics need to make a return.
This rumor was immediately debunked by various outlets including Bloomberg etc, so I’m not super surprised by this statement.
That being said, I think their time is up and they should give ID software the chance to make a Halo game.
Good or bad news?
Give halo to the coalition they do incredible work and basically revived gears and drive new graphics and tech they could make a ue5 based halo look like a flagship game unlike 343 and the slipstream engine
They should be removed just off of the fact that they gave the Halo TV series show-runners free reign to do whatever they wanted with the brand. To which, they've (writers) admitted to not researching the games or studying any of the franchise's lore (novels, comics, animated films etc.) because it was below them to. Resulting in an imposter Master Chief who barely wears his helmet.