Didn't expect this, thought he'd just lean on his blatant bullshit statement, manipulated fandom, and keep on going.
Don't really know if him retiring changes anything, but it's better than him sticking around, I guess.
Ideally he'd acknowledge what a fucker he's been, take responsibility, apologize, make amends and change himself for the better, but I guess retiring was the easier way out for him. Let's hope it sticks, I suppose. He can just choose to return at any point and receive a hero's welcome.
As for the future of whatever IPs he owns, nothing has changed there, he will of course still profit from those.
And in regards to who he'll hand things off to, there's obviously no reason to trust his judge of character.