Lost Its Magic

''But not like a magic wand suddenly not working. Not actual magic.''

One of the terrible things about media aging is that it can lose what made it so lovable, leaving it as a hull of its former self, existing for almost no reason other than its creator trying to Beat Every Dime Out Of It. Unfortunately, most times if this happens, it's not going to have its magic restored and, as a result, it'll become a Zombie Franchise. If the franchise can somehow regain some or, even more rarely, all of its former glory, that's How Franchise Got Its Magic Back.

This is very common with reboots. See The Reboot Curse for more info on this.