Complex sentence: It was picked up by Mandalay Television, and the concept was eventually revised as a television project and renamed "Mercy Point"; production on the film project had ended due to the poor commercial performance of the 1997 film "Starship Troopers".
Split into simpler sentences: It was picked up by Mandalay Television, with the concept eventually being revised as a television project and renamed "Mercy Point". The production on the project as a film had ended due to the poor commercial performance of the 1997 film "Starship Troopers".