We knew this was coming. Marvel is officially shuttering Marvel TV, its small screen division which saw a major shakeup earlier this year. Marvel Television will no longer be making any new TV series beyond what is already being produced. And those current shows will be folded into Marvel Studios, home to the current MCU.

With the shuttering of Marvel TV also comes the elimination of many jobs at this particular division. Senior vice president of current programming and production Karim Zreik will be moving his remaining team into the Marvel Studios group. Zreik will continue leading the current projects in production. Marvel TV head Jeph Loeb is staying on throughout the transition.

RELATED: Marvel's Helstrom Canceled After Just One Season on Hulu

Many expected this move would happen, with MCU curator Kevin Feige confirmed to be producing a number of big budget live-action TV shows for Disney+ that tie directly into the Marvel Cinematic Universe. This fall, Feige was promoted to the position of Chief Creative Officer for all of Marvel, covering movies, TV, animation and comics. It has been the thought that Jeph Loeb would be moving away from Marvel, but it looks like he'll be hanging on for a little bit longer during the transition period.

Hulu's Helstrom is the only Marvel TV live-action show currently in development. Hulu had also ordered a Ghost Rider live-action series starring Gabriel Luna, which would have been a spinoff of Agents of SHIELD. But that show was canceled this past September.

On the animated side of things, Marvel is currently working on four TV shows for Hulu that include Howard the Duck, Hit Monkey, M.O.D.O.K. and Tigra & Dazzler, the later of which lost its creative team earlier this week. The shows will debut separately, then crossover in one epic miniseries called The Offenders. A search for a new Tigra & Dazzler creative team is ongoing.

It was previously announced that the Marvel Hulu series The Runaways will be ending with season 3. And Agents of SHIELD is coming to an end after season 7 this spring, airing on ABC. Not counting any of the Disney+ shows, all of the other Marvel live-action series spread across multiple platforms have been canceled.

Kevin Feige and Walt Disney Pictures are currently working on quite a few Disney+ live-action TV shows that include The Falcon and The Winter Soldier, Loki, WandaVision, Hawkeye, Ms. Marvel, She-Hulk and Moon Knight, which is quite an ambitious slate. They also have the animated series What If coming our way soon, which is an animated take on alternate reality scenarios within the MCU.

Marvel Television and Home & Family Entertainment executives starting at the Vice President level who are not connected to Karim Zreik are getting the boot, according to sources close to the shut down. Creative director of Marvel Themed Entertainment Brian Crosby will no longer be working on Marvel projects tied to Disney Parks, but he isn't leaving the company. Family entertainment chief Cort Lane is also getting the boot. He works for Disney's corporate-franchises, parks and consumer-products arm, along with having ties to Hasbro and Lego. He will be staying on long enough to oversee Marvel TV's first preschool series Marvel's Spidey and His Amazing Friends. This news comes from Variety.