TheVileOne
Eternal
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Except that Prometheus actually made a quite a bit of money comparative to what the franchise usually turns out. Covenant underperformed, but wasn’t an outright bomb (critically or commercially), certainly not to the point where a major studio would kill a 40 year old film franchise that has the likes of Blomkamp, Weaver and even Cameron eager to return.
I’d look more to the Disney/Fox merger as to why the series is moving mediums. Disney is not going to spend 100 million plus on a high end horror franchise.
Last time I checked, they killed Alien 5 with Blomkamp and Weaver. It's pretty clear that Ridley Scott is the reason why.
It's also clear that Covenant pretty much ruined whatever film plans they had moving forward.