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Darashiva said:
It's honestly really simple. GTA Online makes more money for them than pretty much all of those other games combined, so they don't really have the incentive to produce more games. It's sad and unfortunately another sign of the where the AAA video game industry is heading right now. It's all about these big live service/online games that they can monetize in perpetuity rather than actually developing new and interesting games.

This.

I remember when Blizzard came out with WoW.  Before WoW, Blizzard used to make a lot of amazing games.  After WoW, the Blizzard pipeline slowed to a crawl.  I think the same thing has happened with Rockstar and GTA Online.