Marvel’s TV division is shutting down, and any further development is being scrapped, as the division’s slate has dwindled over the past year and boss Jeph Loeb is set to exit, Deadline reports.
“Marvel Television as we’ve known it the past decade will be no more,” Deadline reports, adding: “The Marvel TV projects that are currently in production will continue but any further development is being scrapped. As a result, a significant portion of the unit’s staff are being laid off, sources said.”
Among the executives who appear to be on the chopping block, according to the story, are Cort Lane, Marsha Griffin, Mark Ambrose, Tom Lieber and Aimee Carlson.
“Marvel TV’s SVP Current Programming and Production Karim Zreik and member[s] of his team will join the Marvel Studios group to oversee the remaining Marvel TV shows already on the books and on the go,” Deadline adds. “That includes the announced four animated series and the live-action ‘Helstrom’ for Hulu and last season of ABC’s ‘Agents of S.H.I.E.L.D.,’ which will still be made. Other Marvel TV staffers are being reassigned, sources said.”
The TV division acknowledged the moves in a statement Tuesday, saying: “The decision has been made to complete Marvel TV projects that are currently in production, but not continue with any further development.”