According to news from this website on August 27, due to cost reduction reasons, the rebooted version of "The Book of Elves" will not be launched on Disney. At present, this 8-episode series has been produced, and the production company Paramount is looking for a new buyer
Note from this site The decision dates back to May, when Disney controversially removed dozens of series and several movies from Disney in an effort to control costs. Therefore, reducing film costs and improving profitability are currently Disney’s two major focuses.
Disney Chief Financial Officer CHRISTINE MCCARTHY said at the time: “We are reviewing the content of direct-to-consumer (DTC) services to adapt to our "Strategic change." "As a result, we will remove certain content from the streaming platform and expect to incur impairment charges of approximately $1.5 billion to $1.8 billion." Released in 2008, the theme is to use fantasy to create miracles. The story unfolds as the main line of the fantasy, emotion, suspense and action adventures experienced by the three children of the Grace family.
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