After canceling Iron Fist and Luke Cage, Netflix announced that it has canceled Daredevil after three seasons. Despite a highly anticipated and acclaimed third season, the streaming platform has decided to abruptly do away with the Marvel series altogether. With the cancellation of Daredevil, Jessica Jones and The Punisher are the remaining Marvel series on Netflix. Many are noting that the cancellation is due to costly production budgets for Marvel shows, along with growing differences on season orders and creative issues.

The official statement from Netflix regarding the cancelation of Daredevil below.