Marvel TV To Be Absorbed Into Marvel Studios

Marvel Television will be disappearing within the next year. The television aspect of Marvel will instead be absorbed into Marvel Studios, and any TV projects that are currently in production will remain until their intended end, but any future projects will be cancelled. Marvel Television’s head Jeph Loeb stated earlier in the month that he was already departing from the company; that combined with an overall decrease in their television viewership, the decision to shut down came rather naturally, however, it still has shocked a lot of people. 

A portion of the Marvel Television staff is gearing up for the significant layoffs that are soon to come after this announcement. Deadline Magazine reports that executive heads that are bracing for impact include Cort Lane, Marsha Griffin, Mark Ambrose, Tom Lieber and Aimee Carlson. Marvel Studios executives, including Senior Vice President of Programming and Production Karim Zreik and a member from his team, will be stepping in to overlook the remainder Marvel Television productions that are still set to be released and produced. 

While sources do say that the television studio should expect a series of layoffs, they also state that many of the TV staff will be reassigned within the overarching Marvel Studios company, and will also continue working as their current positions for the remainder of the shows that need producing. This includes four previously announced animated series, a live-action version of Helstrom which will be streaming exclusively on Hulu, and the final season of ABC’s Agents of S.H.I.E.L.D.

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Marvel’s “Agents of S.H.I.E.L.D.” panel during the 2019 D23 Expo

“The decision has been made to complete Marvel TV projects that are currently in production, but not continue with any further development. This news follows months of turmoil and uncertainty at Marvel TV with a number of animated and live-action shows teetering or canned, the exit of longtime small screen chief [Jeph] Loeb and the further expansion of big screen boss Kevin Feige’s fiefdom,” A source said from the TV division Tuesday.

The “teetering or canned” programs refer to a multitude of shows that heavily lost viewership within the past year, causing many cancellations. For example, Netflix’s Marvel series including Daredevil, Luke Cage, Iron Fist, Jessica Jones, and The Punisher, have all been cancelled after their first or second seasons. In addition, as previously mentioned, Agents of S.H.I.E.L.D. will be premiering for it’s final season, and it was one of the most successful out of all the Marvel Television series, especially for prime time. 

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The decision also likely stems from the creation of Disney Plus; as Marvel is owned by Disney, so all future endeavors with Marvel Studios will likely be made exclusive for the streaming platform as opposed to the multitude of other platforms Marvel Television has premiered their shows on. There’s also speculation as to the many upcoming Marvel television productions that were promised from the company along with the announcement of Disney Plus. However, Marvel Studios is likely to continue to take on these projects while working through the transition. 

“New upcoming original Marvel shows on the recently launched Disney+ streaming service like WandaVision and The Falcon and the Winter Soldier had already been placed under Fiege’s mandate before he was anointed Chief Creative Officer in October,” Deadline reports

Kevin Fiege is the President of Marvel Studios, and as stated above, back in October of this year he took on the title of Chief Creative Officer, meaning it’s his duty to oversee all creative and storyline initiatives in the future for Marvel Studios. This means Fiege will likely be in charge of all the television programs that are still to come from the Studio exclusively. For now, only time will tell what the massive entertainment corporation has in store for viewers.