Did the Neverwinter MMO shutdown?

Some wild conjecture on my part.
If Skyrim has taught us anything, games seem to be transitioning from Massively Multiplayer to Massively Singleplayer. For the same reason the next Elder Scrolls game won't be in development for years to come, I think it's possibile Baldur's Gate 3 will have years of content added to it. Content that will become more and more geared towards multiplayer user-campaigns.

Then again, Larian doesn't seem like the kind of company that wants to stick to one project for that amount of time, we might already have had some of this rolled into the inital release due to the delays.