According to The Hollywood Reporter, the Marvel TV division is going to be combined with Marvel Studios and will cause layoffs.
Marvel Studios is moving into the TV space or the first time ever and will start with The Falcon and the Winter Solider on Disney Plus next year. Because Marvel Studios is moving into TV, the Marvel Television division headed by Jeph Loeb is expected to fold into Marvel Studios. Jeph Loeb is expected to depart Marvel once the transition is completed with layoffs expected.
The report follows the news that Kevin Feige will be taking over all things Marvel, from the comic books to the television shows. Marvel Studios are currently developing a wide range of projects for Disney Plus which includes The Falcon and the Winter Soldier, WandaVision, Loki, What If…?, Hawkeye, Ms. Marvel, She-Hulk, and Moon Knight.
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Set after the events of Avengers: Endgame, The Falcon and The Winter Soldier is rumored to center on Sam Wilson and Bucky Barnes as the former finds himself facing resistance from the United States government and its opposition to him taking on the Captain America mantle.
Directed by Kari Skogland from scripts written by showrunner Malcolm Spellman and Derek Kolstad, The Falcon and The Winter Soldier stars Anthony Mackie as Sam Wilson / Falcon, Sebastian Stan as Bucky Barnes / The Winter Soldier, Emily VanCamp as Sharon Carter, Daniel Brühl as Baron Helmut Zemo, and Wyatt Russell as John Walker / U.S. Agent.
The Falcon and The Winter Soldier will debut on Disney Plus in late 2020.
Source: The Hollywood Reporter