Lily-iguess - Horse Drawerer

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The future of MLP Generation 5
An MLP marketing video published by the Mexican company Panadería Licensing has been circulating. This video claims that in 2025, the MLP brand is to be rebooted with a "Ponyverse" show featuring "our most iconic characters", possibly both G4 and G5.

However, we also were told by a reliable source that this plan may already have been cancelled, and that "G5 is dead". Apparently, there might not be any MLP content in 2025, and it may not be long before My Little Pony: Tell Your Tale ends.
What's been going on with G5?
Last June, a different source provided us with the 2024 Franchise Overview presentation. As it envisaged, Tell Your Tale became the only pony show in 2024, and its second season began with a weekly schedule. A few of the toys that were shown have been released. There was even a statement that content had been greenlit for 2025.
However, at the end of February 2024, Hasbro abruptly changed course. After multiple unexplained delays and scheduling mishaps, Tell Your Tale settled on a bi-weekly schedule instead. Hasbro hasn't promoted G5 on social media at all, and has instead posted about G1/G4 brand collabs. Hasbro also hasn't licensed either of the G5 shows to TV networks or ad-supported streaming services, as they had originally planned to.
What new information do we now have?

The "Ponyverse" presentation tells us:
A "Ponyverse" series would have replaced Tell Your Tale as the main MLP show.
Hasbro wanted G4 to be a bigger part of the brand. G5 is still nowhere near as popular as G4, and its media hasn't been received as well. It seems like "Ponyverse" would have literally combined the "most iconic characters" of G4 and G5 into one show, somehow.
The new show might have been rushed if it had actually been made. It would only have been in development for around 18 months before the first episode was released, which is roughly what Make Your Mark got, and we all know how Chapter 1 turned out.
After the presentation was posted in our Discord server, our source clarified to us:
The "Ponyverse" project has already been cancelled. It was probably briefly real, though.
G5's ending soon, and there's not much Tell Your Tale content left to be released. In fact, they said we'd be "lucky" for the second Tell Your Tale special to be published (four were planned). Hasbro, therefore, must have chosen to prematurely end production of the show.
There won't be any major new content until 2026. This would give Hasbro and the animation studio a bit more time to develop a new show.
Our source has previously provided accurate information about upcoming MLP content, and we have no reason to believe that they are making this up. However, we have no way to independently confirm this information; it may be incorrect, and it may become outdated if Hasbro changes their plans again.
What's going to happen now?
As our source stated, there's no reason to expect that there will be any more Tell Your Tale specials.
It's not clear when Tell Your Tale season 2 will end, but here are some possibilities:
Episode 23. This is likely the last episode that has been added to the season 2 YouTube playlist. The videos are in pairs: one for the Tell Your Tale channel and one for the My Little Pony Official channel. (Click the ⋮ button and then "Show unavailable videos" to see private videos.)
Episode 35. This is the last episode for which we have actual evidence of its existence. In March, the Lil Critter Workshop artist Vian Teow uploaded a bunch of Tell Your Tale backgrounds to his portfolio. Two of the files' names indicate that they are for this episode ("mlp235"), and that they were finished on February 5 and February 7, 2024.
Episode 48. If all of the planned episodes (according to the "328 minutes" number from 2023) were actually released, then this would be the final episode. This now seems increasingly unlikely to happen.
There are several comics left to be released in the Maretime Mysteries and The Storm of Zephyr Heights miniseries, and the Bridlewood RP game on Roblox is still in beta. Other than that, though, there doesn't seem to be much left for G5. I imagine people are already drafting their video essays about how it all went wrong.

From: https://web.archive.org/web/20021027164017/http://www.angelfire.com/80s/babygoldenautumn/thelast.html
Text from page below the cut:
The Last
Somewhere, in the twilight corner of the saddest memory in my mind, there lives a unicorn. The earliest known legend of the Unicorn says that it is a creature so glorious, so virtuous, so beautiful, that Heaven vouchsafed the Earth only one specimen at a time. It is a matter of some consideration, then, that The Golden Autumn has become the home of so many Unicorns. Sadly, this new denizen who runs vagrant in our minds will indeed be the last to come to The Golden Autumn. The final season is upon us and the last autumn leaf has fallen. We have always known it was coming, but never had we expected it to be so soon. This last infant came to us not by way of the Lake of Origins as have the others, but in a mad and magical flurry of dreams and desires, taking the form of the unicorn you see below. When the flurry in which she arrived settled, she was revealed as unlike any other pony in The Golden Autumn: small, delicate features in deep earthy tones, altogether different from anything we had ever seen. Her name is Diaz, for though she does not speak, it is written as such in her eyes. To those of us who cherish this realm, she will always be known as "The Last".