This is 100% what happened. Bandai Namco said ok we will bankroll this, probably wanted to go console route and that was all Bandai’s idea to go the Xbox first route blah blah. Round8 agrees to get balls rolling, gets enough funds in to stand up a pc side and now console is SOL, since round8 never wanted to get into console in the first place and now is self publishing and developing their pc bless again. Even if by some miracle we do happen to get awakened on console, there is no way the devs give two poops about console anymore and once any publishing contracts expire between Bandai and R8, console will be officially shut down.
To be fair the actual development team at round 8 probably want to make a good game and make players happy but their studio is owned by Neowiz and they tend to make executive decisions that don't benefit the game or it's players in the long run