I have seen even more videos about and even "updates" on the rumors. It sounds like a big war was happening inside Lucas-Films:
-Inside Lucas-Films there are two factions: Kennedy’s faction, mostly integrated by an activist group and the ones mostly resposible for TLJ, and Lucas’s faction, integrated by some members like Jon Favreau (The Mandalorian) and Dave Filoni (The Clone Wars), alongside other loyal members to Lucas’s vision.
-Once The Force Awakens proved to be a bigger success than expected, Kennedy’s reputation inside the higher ups went up, and let her do whatever she has planned for the future of the franchise.
-Then for Episode VIII, Kennedy’s involvement in the movie was deeper up to the point that The Last Jedi has a lot of her influence. At the same time, Lucas’s faction has no power and has to just follow orders.
-After The Last Jedi backlash, Bob Iger, Disney’s CEO, step into Star Wars and ordered Lucas-Film to retcon the trilogy and diverge as much as possible from TLJ. Alongside that, at 2018 higher ups were considering to remove Kennedy’s from her position because her contract was going to expire, but they didn’t have a replacement or someone who wanted to step on considering the “mess” before the Episode IX. Due to these circumstances, they decided to expand it for another 3 years (2018-2021) and let her finish the trilogy.
-Lucas’s faction then get more power inside Lucas-Film, and start behind the curtain a proyect to make at some point “non-canon” the new Star Wars sequels using the same lore created by the new managment. On top of that, their bigger involvement in the making of Episode IX get them the oppotunity to plant the seeds of that idea.
-However, Kennedy still has involvement in the making of the movie, and according to recent interviews with Daisy Ridley, she cut some scenes and gave the movie another “tone” than the one originally planned, something that bother Daisy considering that some of those scenes were action ones that she already filmed. The original cut was above 4 hours and considered to be split into two movies.
-Apparently, franchise has “devaluated” at Disney’s eyes. Merchandise and media concerning to the sequels are not selling according to their expectations (or even remotely well), up to the point that retailers don’t want to know about it. In contrast, both Season 7 of The Clone Wars animated show and live action The Mandalorian are succesful even with the fanbase.
-After all of these cicumstances and consequences, higher ups don’t want to sign another contract with Kennedy, and there are two rumored replacements: first one is Jon Favreau, while the second one could be a more “neutral” part and try to make peace at both factions inside Lucas-Film. Kennedy is not going to pursue for another contract, and rather, fund her own films production house, alongside some people of her current faction in Lucas-Film. But, she is going to make everthing she can to prevent her influence at the franchise get erased.
-The Fan's celebrations for 2020 and 2021 are canned, and according to these rumors, they are going to appear in 2022 with the new management team.
-The update on how to "erase" the sequels could be like this:
Future Star Wars media is going to focus on the time gap between Episode VI and Episode VII. The movies, books, comics, tv shows, etc. are going to tell stories following the events after Episode VI without touching the sequels. If the new content proves to be succesful, they are going to continue and then simple ignore entirely the sequel trilogy, never mentioning again and then jumping to expand another eras of the franchise. It is need to take in count, that this may be to most realistic scenario, and that the sequels are still canon.
Some of the videos in case anyone is interested, or want to point a mistake I could have written:
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