Creative assembly, maker of total war game, spend a massive amount of budget (apparently the highest budget ever for a game by sega, which own CA) trying to make a destiny clone. After awhile, they realized it was a very stupid plan and canned the project, better late than never I guess.They just need to dump the project right now and get working on something actually fresh and original (like, I dunno, an actual sequel to Marathon). The smoking ruins of Concord are at the end of this road, but Bungie is too blind to see them.
It would be nuts if Budgie, after a game that was like 95% identical to what they're making now became the most spectacular bomb in recent video game history (or ever) couldn't do the same.
At this point, either recycle it into something else, release it without much promise just to maybe squeeze a bit of cash, or move on.