‘The Spiderwick Chronicles’ Not Going Forward At Disney+ As Part Of Content Cost-Cutting & Strategy Shift; Being Shopped By Paramount TV Studios

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‘The Spiderwick Chronicles’ Not Going Forward At Disney+ As Part Of Content Cost-Cutting & Strategy Shift; Being Shopped By Paramount TV Studios
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EXCLUSIVE: Amid a focus on content curation and Disney-owned IP, Disney+ is not proceeding with The Spiderwick Chronicles, its live-action series adaptation of the popular children’s fantasy …

The Spiderwick ChroniclesThe six-episode series, from Paramount Television Studios and 20th Television, has been completed. It is currently being shopped by Paramount to other potential buyers.

The decision comes as Disney — along with other media companies — have been reevaluating their streaming strategies by cutting programming costs with a renewed focus on profitability. It is part of the major content write-off announced by Disney in May, I hear.

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