As The Hollywood Reporter breaks down, this cancellation is on the heels of Disney getting ready to launch its streaming service, meant to rival Netflix, called Disney+. Marvel and Netflix announced plans for the ambitious Marvel's The Defenders co-production in late 2013, with Daredevil, Luke Cage, Iron Fist, and Jessica Jones on tap alongside the crossover miniseries.
Daredevil's three seasons will stay on Netflix "for years to come", Netflix said, adding that you can expect to see Daredevil the character in "future projects" from Marvel. Fans were optimistic about Daredevil's future after showrunner Eric Oleson tweeted on November 16 that he had pitched Netflix on a potential fourth season of the show, nearly two weeks before the official cancelation was announced. Drew Goddard ("Cabin in the Woods") originally developed the series for Netflix back in 2015 and left the show in after writing its first and second episodes.
The ax continues to fall on Marvel's series at Netflix.
Netflix announced Thursday that they were cancelling the beloved superhero show, cutting the streaming service's Marvel offerings down to two shows - Jessica Jones and The Punisher. Comicbook.com also points out that it's possible that the Daredevil character might end up on Marvel's other partner channels and services, like ABC, Freeform or Hulu. Both of those season apparenly have new seasons on the docket, and are moving ahead as planned.
"Marvel's Daredevil will not return for a fourth season on Netflix", said the statement.
The news was broke yesterday evening by Deadline after a representative from Netflix released a statement. Heck, maybe there's even a way for Marvel to keep the same casts and port them over to a new show with a different title, like The New Adventures of Daredevil or something.
Still, actor Charlie Cox brought the Daredevil character to life better than his predecessor Ben Affleck (who played him on the big screen).