Nope, LBRY Inc. (the company that created the LBRY protocol) is done. The LBRY protocol is decentralized and still works. It will only stop working if people stop mining, running nodes, and hosting content. 

Here is an onion instance of LBRY that uses only the P2P network for the content: http://ryhs2pyzf6kvzpxv3xbcscaukf2ez4ixbbyk7ewzmj6gxqvmt65sqnyd.onion/

Odysee is/was a convenient front-end for LBRY, but it was sold at auction. Not sure who bought it/what the future plans are for it.