From an article in the New York Times by a news and features reporter for that paper: "the phrase cancel culture is too vague — a distraction from a deeper examination of power in society. For this reason, I ...don't plan to use it anymore. And I really mean it this time."
This is pretty comical, in an ironic way, that the term "cancel culture" would itself get canceled by the Times. President Trump himself used the term in his Mount Rushmore speech, when he said, "One of their political weapons is 'Cancel Culture' — driving people from their jobs, shaming dissenters, and demanding total submission from anyone who disagrees. This is the very definition of totalitarianism, and it is completely alien to our culture and our values, and it has absolutely no place in the United States of America."
If all it takes for the Times to cancel a phrase on account of vagueness or distractiveness is for Trump to use it, imagine the possibilities. The Times didn't seem to have a problem using the term last year back when President Obama talked about the problems with this approach, reporting then, "Mr. Obama spoke repeatedly of the role of social media in activism specifically, including the idea of what's become known as 'cancel culture,' which is much remarked upon, but still nebulously defined."