"‘Cowboy Bebop’ Canceled By Netflix After One Season - Exclusive: The streamer has canceled the anime adaptation of the space Western after its premiere less than a month ago."
"Netflix has canceled its ambitious, widely hyped anime adaptation Cowboy Bebop after just one."
Not sure what exactly this says, but certainly not good things. Regardless of your thoughts on it, it's clear Cowboy Bebop was not well received at all either by critics or fans, and Netflix - despite prior investment - is not willing to let it figure itself out. With this being the other premier Tomorrow Studios/Netflix Production, I can easily see a scenario where One Piece is not renewed past a first season. Maybe the investment is on a larger scale where that's not possible (it seemed Shueisha and Oda and other interested parties have a lot of money pushed into it specifically to see it succeed on some level), but it definitely gives a sharp image of the kind of margins the show will operate on.
Yeah this was already covered in the Cowboy Bebop thread. I pretty much called as much as soon as the news went down.