The Spiderwick Chronicles is not coming to Disney+ after all. Ordered to series by the streaming service in November 2021, production on an eight-episode season of The Spiderwick Chronicles wrapped earlier this year.
The fantasy series is based on the novels by Tony DiTerlizzi and Holly Black and stars Christian Slater, Jack Dylan Grazer, Lyon Daniels, Noah Cottrell, Joy Bryant, and Mychala Lee. The story revolves around a family that moves into their ancestral home and then finds themselves in a fantastical world.
Deadline reports that The Spiderwick Chronicles’ cancellation is based on the company’s strategy to focus primarily on Disney-owned properties, like the Marvel and Star Wars franchises.
Dropping the show is reportedly part of the major content write-off that was announced by Disney in May. Doogie Kamealoha, MD was cancelled last week, the latest in a long line of cuts.
Disney CFO Christine McCarthy said the following about the decision to cut costs:
“We are in the process of reviewing the content on our DTC services to align with the strategic changes in our approach to content curation. As a result, we will be removing certain content from our streaming platforms, and currently expect to take an impairment charge of approximately $1.5 to $1.8 billion.”
Paramount Television Studios, which co-produced the series with Disney’s 20th Television, is shopping the episodes to other outlets.
What do you think? Did you want to see The Spiderwick Chronicles on Disney+? Will you watch the series if it lands on another outlet?
How bout Paramount+ or Nickelodeon?
If it is complete then what is the real cost of putting it onto the platform?
Likewise, removing certain content from the streaming platform makes little sense if it is already there and available to customers.
Removal is more likely to put people off and cancel subscriptions.
So there is clearly something else going on here and it usually comes in the form of tax write-offs.
So follow the money to get the real answers.
If the show is completed and already paid for throw it up on your Streaming Service or put it on one of your TV Channels and let it play out there. If you didn’t really want it then don’t greenlight the project and then shop it around once it is done filming. Doing that is just plain stupid and a waste of money and then you wonder why your company is losing money. It’s because you pay for shows or movies you never air. And this is one of the reasons I resort to pirating everything I want to see.… Read more »
Good stay leave classic alone .
I like the movie