They also released Tony Hawks Project 8 and Tony Hawks Proving Ground so they kind of put the series in the spot it's in now. Those two games effectively killed the series. Let's not pretend Neversoft are innocent here.
Neversoft made a handful of the greatest games of all time. Activision had them cranking out a new THPS every single year. They choked the life out of it, then moved on to the next thing. That is what they do.