Disney+ Continues Cuts With Nautilus, Spiderwick Chronicles

Television

Two Deadline exclusives today revealed that Disney+ has canceled its Twenty-Thousand Leagues Under the Sea prequel series Nautilus, which would have revolved around a young Captain Nemo, as well as the Spiderwick Chronicles show they had announced. The latter, based on the children’s fantasy novels by Tony DiTerlizzi and Holly Black, is being shopped to Paramount+. This is all part of the streamer’s latest round of cost-cutting measures, for which they’ve taken a $1.5-1.8 billion penalty.

I didn’t like the Spiderwick Chronicles movie from a few years ago, but I had no idea Disney+ was working on a Captain Nemo series! That actually could have been cool, especially since it was being made in the UK. I’m not distraught over either cancellation in isolation, but it’s kind of sad to see Disney asking for more money in exchange for less content. I can’t imagine this strategy will pan out well over time.

But what do you think? Sound off in the comments!