Yeah it was the live event that got cancelled. Iirc they plan to have a virtual event going for this year. Though it needs a six-figure sum from publishers/developers to be a part of it so I don't see many going for that.
In any case I definitely can see GoW turning up this time in the big PS event in Summer. Hopefully one or two other big reveals too. Like MGS remake or something along those lines. Something to drum up hype for this holiday while they bump up production for the consoles.