Why the Marvel-Netflix TV Partnership Disintegrated

In 2015, the Netflix/Marvel Television partnership appeared to have a long future ahead. The shared setting that kicked off with “Daredevil” was supposed to be the television equivalent of the hugely successful Marvel Cinematic Universe, which has produced some of the highest-grossing films of all time.

But four years later, it’s over. On Monday Netflix canceled both “The Punisher,” whose second season premiered last month, and “Jessica Jones,” whose third season will stream later this year. They were Marvel’s last remaining live-action Netflix shows — “Daredevil” was cancelled in November, and “Luke Cage” and “Iron Fist” both got the ax in October.

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