Usually contracts have to be negotiated after five seasons. Especially after the strikes last year, studios are committed to never budging an inch on contracts or residuals, even if it means losing money in the short term. To them, it's worth it to cancel even a successful or popular show if it means keeping their workers in a perpetual state of gig work and at a disadvantage for contracts on new shows.
Usually contracts have to be negotiated after five seasons. Especially after the strikes last year, studios are committed to never budging an inch on contracts or residuals, even if it means losing money in the short term. To them, it's worth it to cancel even a successful or popular show if it means keeping their workers in a perpetual state of gig work and at a disadvantage for contracts on new shows.
It would be wholly unsurprising if this was part of the reason, however is there any source that would link this to the cancellation?