- Joined
- Aug 17, 2003
- Messages
- 72,263
- Reaction score
- 42,897
- Points
- 203
If these same shows were on FX or something, I bet they would have been renewed.
I’ve been saying from the beginning Disney should work out a deal with Netflix to get Daredevil’s past seasons and then continue it on Hulu.
Let’s be honest Hulu needs a marquee TV show and Daredevil could become that. Then after that maybe we could add Heroes for Hire as another show.
Netflix will probably never allow an exclusive show to be distributed elsewhere. Their whole business model is based of exclusivity. Even if future season are aired somewhere else, that only would serve as perfect advertisements for people to get netflix to see earlier seasons. So the price tag for a distribution license would be massive, well beyond the worthy of having those shows. Disney/Marvel would never pay that. I can picture maybe a deal where say, if FX picks up the shows have previous seasons air once as a lead up but even then it wouldn't be worth it to the network cost I doubt they'd get any revenue for it.The money probably isn't worth it.
2/ Netflix reportedly holds the right to keep renewing these shows, irrespective of Disney's preferences. Disney may be entering Netflix's territory with Disney+, but that didn’t drive the cancellations. Netflix was making a rationale decision based on quality, cost, viewership
3/ To point, the shows will remain NETFLIX ORIGINALS for years, Disney would have to buy them back (and says they don’t fit with Disney+’s positioning and won't be rebought) and there’s likely a hold on re-using the IP in TV (i.e. Disney can’t just launch a new Luke Cage in 2019)
4/ The reality is these shows were unprecentedly expensive (Netflix reportedly paying 60% markup), but they weren’t very good, audiences have undoubtedly declined precipitously (you can see this in the marketing spend) and it’s hard to grow audience in late seasons
5/ With old, mediocre shows it's just about viewer retention each year. To point, Disney never put much effort in their Netflix shows. Daredevil had 3 showrunners in 3 seasons, Luke Cage was 2 in 2, Jessica Jones 2 in 3, etc. (And the teased MCU integration never happened!!)
6/ It's telling that the signature achievements and performers of the MCU are the 'Avengers' films, but the 'Defenders' was one of the least buzzy, least viewed titles (in part because the preceding two series, the back half of Luke Cage and all of Iron Fist, were very poor)
Poor quality always catches up to you with content REDEF ORIGINAL: 'Star Wars' Fatigue Is a Myth (but Disney’s Mistakes Were Real, Costly and Avoidable)
7/ The Netflix-Marvel deal was set at a time (Nov 2013) when NFLX needed big, buzzy IP that stood out and didn't need to be managed internally. Willing to pay whatever it took for it
And note, the deal was meant to be single seasons. Despite its end, Marvel/Netflix was a success
8/ In 2019, Netflix has a huge internal pipeline - fueled by mega-deal with Shonda Rhymes, Ryan Murphy etc - and there's no markup for their own stuff
And Netflix's audience and brand are much larger. This means Netflix's needs grew as the contribution of the Marvel shows waned
9/ And with Marvel now focused on their own SVOD shows (e.g. the MCU Loki series for Disney+), it’s hard to imagine Disney’s best foot forward was going to go towards aged Netflix series
10/ Netflix reportedly wanted to shorten the seasons, thereby reducing total spend and improving retention and quality (Netflix’s shows, especially the Marvel ones, are famously bloated). Reportedly from 13 eps to 6-8. REDEF ORIGINAL: Netflix Is a Product & Technology Company (Netflix Misunderstandings, Pt. 2)
11/ Which means Disney would have to effectively reduce their revenue from 2/3rds, while keeping valuable characters unavailable for all other live action applications, while focusing on their own D2C. And while Netflix could force a renewal, they couldn’t do so at new terms
12/ So Disney liked balked. The value wasn’t there for either party. It once was. And everyone is now tired of financing another party’s enterprise value growth – the economic incentives (cost minimization and upside maximization) drive vertical integration.
Fin/ In short, it just wasn’t working for anyone. Including most of the series’ original fans.
For more on how Originals work REDEF ORIGINAL: How the Paradox of the Term ‘Original Series’ Explains the Video Industry (Netflix Misunderstandings, Pt. 4)
Also - To give an numbers example:
Marvel shows need 60% more viewership than one made by Netflix, or 30% more made by another producer, just to be even.
If we assume Marvel shows have lost 50% of their S1 averages, it's possible DD S4 is 3x+ more expensive than alternatives
Also important: the importance of capital letter "Quality" is only growing over time. Netflix is increasingly focused on quality/impact over tonnage REDEF ORIGINAL: Netflix Is a Product & Technology Company (Netflix Misunderstandings, Pt. 2) …
Marvel series were primarily about the latter.
To be super clear. The shows will not be revived on Disney+, Hulu, Amazon, etc
1/ Netflix would have blocking rights
2/ Netflix won't sell early seasons
3/ No one would want to drive their customers to Netflix for S1-3
4/ Characters are likely contractually hibernated for 1-2yrs
5/ Disney has said they don't fit Disney+, even when the season rights revert after 5+ years
6/ Talent has been released and is very hard to re-assemble (usually far costlier)
7/ There is more upside in starting fresh, with a different take (see Spider-Man Homecoming)
Also keep in mind, Netflix has 11 seasons (6 subsequent seasons) to assess audience declines and projections going forward. It's not that hard to *know* what future viewership figures would be, 99% of the time.
Other option is to cut the budget, but it's very hard w/ a license
CORRECTION: Luke Cage only had one showrunner
Question: Matt this is a great thread. Couple of questions. So Disney could start new Daredevil and Luke Cage shows on their new streaming service but would need to do a complete reboot? Can’t start from where the Netflix shows left off? And could Disney keep these same actors? Answer: Correct Probably have to wait 1-2 years Very doubtful
My prediction: If they want to use them, they'll be rebooted.
It's a much smarter idea to play to the strengths of the medium. I loved the idea of these shows being the street level, dark corners of the MCU. It also helps carve out a nice little niche out of the universe and scratch an itch the films couldn't really do.I love the cosmic Marvel stuff. But that said, I have always liked the idea of the street level MCU being mainly done on TV and grander scale stuff on film.
Sources tell Variety that the deal for the original four Marvel shows includes a clause that prevents the characters from appearing in any non-Netflix series or film for at least two years after cancellation. That means that “Daredevil,” “Luke Cage,” and “Iron Fist” — which were all canceled this year at Netflix — could not come to the Disney streaming service until 2020 at the earliest.
Which means we are getting a recast if they ever come to the big screen. Two years is enough time for most people to forget about these characters.