The company I work for right now is currently in administration and will soon be liquidated due to mistakes made by the senior management. I believe some of them mirror the situation with HZ.
2 years ago a new chairman took over the company. He was faced with this challenge. My company had a reputation for selling high quality goods at a high price, but had a very loyal customer base prepared to pay for that quality. However that customer base had begun to dwindle, and with it profits, for 2 reasons.
1. The customers were mostly elderly, 60 plus, and a few eachmonth would die.
2. Increased competition from existing companies and new ones, such as those on the internet.
The challenge was to bring in new, much younger customers, that would stay with the store for years to come, without alienating the older ones.
The mistakes they made were these: they tried to change the products we sold to appeal to "young" people, by switching to selling fashions. They refused to cut prices to compete with others on heavy electrical, and so (because they were not selling any longer)stopped selling them. And they introduced a range of low quality goods, but continued to sell at a high price.
And they tried to do this too quickly.
The result? New customers were not attracted by the new crappy but expensive goods; "young" people continued to shop at trendier places that sold the same products for less, and had far more of them on display; and existing customers finally began to shop elsewhere because our company no longer sold what they wanted (the new products did not appeal to them), or if they did sell it, it was too expensive, and other stores had the same items for less, and a bigger range.
So, Tulga is faced with this problem; continue to provide product to existing, long term,loyal players; dragons, crafters, adventurers, which means high/higher end content and events.
At the same time release new content to attract new players, and keep them until they become long term, loyal customers.
I have my own opinion upon how successful AE were at this, and wait and see how successful Tulga will be.
What I can say is this. HorizonsWILL be cancelled, as my company is being, if the above lessons are not learned by Tulga. They need to stop players leaving, and bring more in(and keep them), or they will bleed to death, as my company did.