What does this mean for the shows on the air?

Marvel Is Shutting Down Their Television Division

According to recent reports from various news outlets, the long-predicted shut down of Marvel TV is officially in motion. The shows still in production will finish out their runs, but there will be no more development!

As reported by Deadline, Marvel’s television division will no longer move forward with "future development," but will instead focus on projects currently in production. A "couple dozen" employees will reportedly be laid off due to the shutdown, while a number of more fortunate employees will be reassigned 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."

IN CASE YOU MISSED IT: Disney Breaks Records With $10 Billion Global Box Office In 2019

Marvel TV's Agents of S.H.I.E.L.D. will end with season 7

The news seems to give reason for the sudden cancellation of Marvel’s past popular shows, such as Daredevil, Jessica Jones and Punisher. The Runaways and Agents of S.H.I.E.L.D. will reportedly finish out their third and seventh seasons, respectively, before ending. The yet-to-be-released animated series, Hit Monkey, Tigra & Dazzler, Howard the Duck and M.O.D.O.K are still expected to debut on Hulu, but are currently in production limbo.