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Marvel Television Officially Folds Into Marvel Studios

Marvel Television has a new home as it is being reported that the division has folded into Kevin Feige’s Marvel Studios.

Projects in current production from the television series will stay on course including Hulu’s Helstrom and the slate of animated comedies. No further projects will be put into development. Jeph Loeb who launched Marvel into live-action TV originals as head of Marvel Television, will remain on board during the transition. It’s unclear when Loeb’s last day is. His departure from Marvel has been expected since late October.

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Marvel TV senior vp current programming and production Karim Zreik and members of his team will join the Marvel Studios group. He will continue to oversee current projects in production. Sadly over two dozen lay-offs are expected to hit due to the major reduction in volume. News of Loeb’s departure became apparent after Kevin Feige‘s placement as Marvel’s Chief Creative Officer, over comics, television and film.

Since then multiple series under the Marvel Television banner have cancelled including Hulu’s Runaways was cancelled and will end after season 3, Freeform’s Cloak and Dagger was canceled in October after a two-season run at the Disney-owned cable network; FX’s Legion ended earlier this year and ABC’s Agents of SHIELD will end it long run next year. Meanwhile, previously announced straight-to-series live-action Ghost Rider series set to star Gabriel Luna was scrapped.

Most of Marvel’s focus on the small screen will be for Disney+ which the studio has eight projects in various stages of development.

Source: The Hollywood Reporter

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