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Background Pony #1472
Hasbro wanted to compete against Monster High and cash in on our love for anthromorphic versions of MLP characters. But, not even Equestria Girls was immune to Hasbro’s insistence on rushing the transition between generations to keep the money train going.
Season 3 will never happen.
Geacu
Pixel Perfection - Hot Pockets Spotted

Exodus's lost flock
@Background Pony #ECD4
Tbf, with EQG it’s likely that Hasbro wanted to cash in on the Monster High craze of the time.
As far as i know, there’s not a similar thing going on currently so a G5 EQG is unlikely outside of maybe a weird random callback if even that.
Background Pony #ECD4
I don’t get the downvotes part, it’s a hilarious joke because we’re thinking Hasbro wanted Equestria Girls G5 but something went wrong