I am afraid companies are like people: Their interests in projects comes and goes like the wind. Seems like many factors like $$$ dictates the directions.
I think the money is the big factor here. Perhaps Element14 led Altium to believe there was a bigger market than there really is for a more economical PCB package.
There are a lot of free, or nearly so, PCB packages on the market now. I just hope Altium doesn't abandon Circuit Studio. I was an early adopter and I'd be out a chunk of change.
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I've had conversations about this with reps and they seemed upset when I said I didn't need Altium Designer because Circuit Studio was enough for my needs. I suspect Circuit Studio cut the Designer sales too much, and it will eventually go away.
I think this question was asked by Hans Dornaus in November 2018 and the promise was that details would a merge in 2019 as to software updates and development road map. I am not sure if this happened or not but I think all interested parties would like to know where both Altium and Element14 see it's future in a market now more competitive than ever with the rise of Easy EDA and AutoDesk Eagle continuing development and integration with Fusion 360 and also KiCad getting more development time. I think CircuitStudio is well over due for an update that is more than just maintenance but adds value and features that will keep its existing users and attract new ones.