Like above, I'd say primarily to sell dinner packages. Which I'm okay with. Just like any entertainment venue, some people can pay more for better seats.
I never understood why they offer Fast passes for ANY of the night shows or parades (or any of the large capacity shows in particular) (as it doesn't really make your experience "faster" . .it simply gives you better seating).
So will they just take Fast Passes away from all night shows and parades and just sell those special spots through dinner packages? Seems like a pretty good idea (from Disney's perspective).
I think the other reason is I think they want more people to utilize a 4th fast pass. I never understood why anyone would get a Wishes Fast Pass (in your initial 3) as it locks you up for the entire day. You have no chance to get a 4th fast pass while other people who had their first three fast passes done by 1:00 PM could get a 4th, 5th, or 6th fast pass that day. I'd rather skip several more lines in rides then get a good spot for a show I can pretty much see standing anywhere.
With being able to do 4th Fast pass from your phone now, I think they want people to not get frustrated when they realize they cant make a 4th fast pass ALL day because they have that late night Wishes Fast pass. The more people they can get to use Fast Passes for attractions during the day, the less complaints they have about the crowds.
But really . it is probably about the dinner packages $$$$. They spent a ton of money on the hub refurbishment. They can easily monetize those grassy spots now.
Yep.No reason given. Most guesses involve cutbacks.
Just my two cents here, but I just went last week and, on my arrival day, I booked the Wishes and MSEP FP+ because I was going with someone who had never seen either of these two nighttime shows. Because we weren't arriving in the parks until 5 pm, it was not a waste (to me) to have used up two of my FPs on these experiences. And it's "faster" in the sense that we didn't have to line up two hours in advance to get a good view. While we barely could see the castle show, we had great seats (and yes, we were actually sitting on the "grass") and arrived in that area about 15 minutes before the show started. So, from that perspective, I think it was a good use for our FPs and was faster.

Any particular reason why they got rid of it?
I think the other reason is I think they want more people to utilize a 4th fast pass. I never understood why anyone would get a Wishes Fast Pass (in your initial 3) as it locks you up for the entire day.
You can do the 4th FP+ from the phone apps now?With being able to do 4th Fast pass from your phone now,
Booking the 4th from the app hasn't yet begun.You can do the 4th FP+ from the phone apps now?
So you no longer need to be in the park where you want the 4th FP+?
Has the Electrical Parade also been removed as a FP option? Went to book at 60 days out and it was greyed out, listed as "Stand-by only."