Whether its declining ratings or Disney pulling back Marvel intellectual properties in support of their own upcoming streaming service, it looks like the Netflix Defenders corner of the MCU is closing up their street-level shop.
Netflix has decided against renewing Daredevil for a fourth season, with a stated decision to "close this chapter on a high note."
"Marvel’s Daredevil will not return for a fourth season on Netflix,” Netflix says in a statement given to Deadline.. “We are tremendously proud of the show’s last and final season and although it’s painful for the fans, we feel it best to close this chapter on a high note. We’re thankful to our partners at Marvel, showrunner Erik Oleson, the show’s writers, stellar crew and incredible cast including Charlie Cox as Daredevil himself, and we’re grateful to the fans who have supported the show over the years."
With their announcement of this conclusion however, the streaming service made it a point to Marvel had further plans for Daredevil.
“While the series on Netflix has ended, the three existing seasons will remain on the service for years to come, while the Daredevil character will live on in future projects for Marvel," reads Netflix's statement.
Marvel Television and Netflix still have agreements for a third season of Jessica Jones and a second for The Punisher; they could be referring to an intent for Daredevil to show up in those "future projects", but they could also be referring to the character segueing to other platforms such as movies, another network, or perhaps the Disney+ streaming service.
The decision not to renew Daredevil comes after similar decisions for third seasons of Luke Cage and Iron Fist.
Marvel has not made a formal statement regarding Netflix's decision, however Marvel's Twitter account for the show posted this: