has announced that it will not air The Spiderwick Chronicles. The production is an adaptation of a popular series of fantasy books for children. It would not be surprising, because such situations often occur among streaming services, if not for the fact that the creators have already finished work on . Production began in November 2021. Disney+ justified its decision by talking about the strategic decisions of the media giant.
Disney+ is cutting costs. It was a children’s series
“We are in the process of reviewing our services to align with strategic changes including new content curation… As a result, we will be removing some content from our streaming platforms,” said Christine McCarthy, Disney’s chief financial officer. As a result, the company will save approximately $1 .5-1.8 billion dollars.
In July this year, the CEO of Disney announced that the company may reduce its financial outlays on the production of series and films from the i universe.
What is The Spiderwick Chronicles about?
The Spiderwick Chronicles is based on a series of best-selling books by Tony DiTerlizzi and Holly Black. The series tells the story of twin brothers who move to the Spiderwick estate with their sister. Jared and Simon Grace embark on a journey through an alternate world where anything is possible. The showrunner and executive producer of the series is Aron Eli Coleite. Starring Christian Slater, Jack Dylan Grazer, Lyon Daniels, Noah Cottrell and Joy Bryant.
Source: Gazeta
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