Sources are reporting that Loeb will actually stick around during the transition to Marvel Studios.
“The decision has been made to complete Marvel TV projects that are currently in production, but not continue with any further development,” Marvel’s TV division announced in a statement on Tuesday.
Some of the group moving to Marvel Studios to oversee the final shows will include SVP of Current Programming and Production Karim Zreik and members of his team.
As various streaming services and networks have begun cutting ties with the comic powerhouse in recent years, Marvel TV is officially closing its doors as its head Jeph Loeb is preparing his departure, and now the remaining shows currently running or in production will become a part of the primary Marvel Studios, according to Deadline.