NetflixAfter its first season gets critically panned and the second seeming to do better, Marvel’s Iron Fist won’t be coming back for a third season to redeem itself. Netflix and Marvel released a joint statement that the show will not be coming back for a third season. The statement said, “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.”
Iron Fist was part of a five-show deal between Marvel and Netflix that includes shows Jessica Jones, Luke Cage, Daredevil, and The Defenders. The Punisher was later added to the lineup as a Daredevil spinoff. The cancellation comes on the heels of Disney planning to launch its direct-to-consumer streaming platform that will compete against Netflix. Disney has already announced its plans to pull all Marvel feature films from the streaming service but will keep the Marvel TV shows on until these run their course.
Source: The Hollywood Reporter