Iron Fist, the fourth in the original four-show deal between the streaming giant and Disney’s Marvel, will not return for a third season.
“Marvel’s Iron Fist will not return for a third season on Netflix. Everyone at Marvel Television and Netflix is proud of the series and grateful for all of the hard work from our incredible cast, crew and showrunners. We’re thankful to the fans who have watched these two seasons, and for the partnership we’ve shared on this series. While the series on Netflix has ended, the immortal Iron Fist will live on,” reps for Netflix and Marvel said in a statement to THR late Friday.
The cancellation arrives as Disney, which owns Iron Fist producer Marvel, is set to launch a direct to consumer streaming platform of its own to compete with Netflix. Disney has already pulled all of its Marvel feature films from Netflix and will exclusively house them on its DTC platform. Sources tell THR that the remaining Marvel TV series on Netflix — Jessica Jones, Daredevil, Luke Cage and The Punisher — will remain on the streamer until they run their course, per the companies original five-show deal (which included miniseries The Defenders).