Marvel TV head Jeph Loeb, who has been running the division since its inception, is expected to stay in his role throughout the transition; some two dozen employees will be let go as a result of the restructuring. (via The Hollywood Reporter ) The move makes sense both from a business and creative standpoint, and the writing has been on the wall — in bold, foot-high font — for quite some time. Specifically, when streamer Disney+ announced that it would be fielding limited series set in the MCU and starring actors from the movies — series which would be produced not by Marvel Television, but by Marvel Studios — it became apparent that the entertainment giant's TV arm was dying on the vine. While it certainly hasn't been without its critical successes, Marvel Television — in just under a decade of operation — has never fielded the type of runaway hit that its parent company was hoping for.