Disney+ Cancels 'The Spiderwick Chronicles' Series in Cost-Cutting Move
Disney+ has decided not to move forward with "The Spiderwick Chronicles," a live-action series adaptation of the popular children's fantasy books. The completed eight-episode series, produced by Paramount Television Studios and 20th Television, is now being shopped to other potential buyers. This decision is part of Disney's strategy to cut programming costs and focus on profitability. Disney+ will prioritize content based on Disney-owned IP, with exceptions for certain non-Disney properties like the upcoming Goosebumps series. The first wave of original series for Disney+ has been removed from the platform, and new content development has been put on hold.