>RedHat acquired CentOS, saying that it would be good for CentOS[1].
>RedHat shut CentOS down.
It should be noted that six years passed between point A and point B, during which time Red Hat did invest quite a lot of additional resources in CentOS. Red Hat did not acquire CentOS and then immediately shut it down.
CentOS Stream is also not a wholly different thing from CentOS, although it is obviously not exactly the same thing.
It was successful as it gave most of the benefits of RHEL without the expense.
RedHat acquired CentOS, saying that it would be good for CentOS[1].
RedHat shut CentOS down.
New alternatives are coming along to take the role of a free distribution compatible with RHEL.
[1]: https://www.redhat.com/en/about/press-releases/red-hat-and-c...