Conquest Cancelled na o Rebrand lang? ConQueue 2024?

It was also announced that the conquest brand will no longer exist. Here is the statement "That said, we will be retiring the brand CONQuest Festival and reassessing our approach with how we produce events moving forward". If you break this down completely this doesn't mean conquest is gone. It just smells of a rebrand, maybe to disassociate with the fiasco? Or conspiracy something legal could be happening behind the scenes? In an anecdote, one Facebook user said they are done supporting the company regardless of the branding. Others also suggest since they are rebranding, they could call the new even “ConQueue”. But what do you guys think about this?

Full Video: https://youtu.be/8SAqS-dr6i4