Looks like Jeph Loeb isn’t the only Marvel Television figure heading out the door. Earlier today, Deadline reported that the rest of Marvel Television would be shutting down, resulting in several layoffs with the exception of a handpicked few who will be transferred to Marvel Studios.

In a statement to the press, Marvel Television made it clear that existing commitments such as the last season of Agents of S.H.I.E.L.D. and Runaways, and the first season of Hellstrom will be still completed, and that projects being developed will be immediately aborted.

All this comes doesn’t come as a surprise to anyone as the writing’s been on the wall for some time. Ever since Kevin Feige was handed the keys to pretty much the entirety of Marvel Entertainment, it hasn’t been looking good for the television division that was out of his reach for a decade. And now while the future of Marvel television is in relatively good hands, it is unfortunate to see a lot of jobs go to the drain.

Source: Deadline