Jessica Jones and The Punisher cancelations are a result of Disney and Netflix turning from partners to rivals

TheWrap

"The end of the (Marvel) licensing deal already meant that Netflix no longer had any business-related obligations to keep Marvel and Disney happy," explains Tim Baysinger. "But now, Disney is directly-competing with Netflix — and in the process overshadowing Netflix’s Marvel shows. But there’s also the matter of expense, according to an individual with knowledge of the matter. Though Netflix famously does not release ratings information, the individual told TheWrap that Netflix does weigh cost-vs-viewership, and that thanks to the unspecified high price of licensing Marvel IP, the shows were too expensive to produce given their viewership level."