After "years of frustration," Marvel Studios President Kevin Feige will now report directly to Disney Studio Chief Alan Horn, according to The Hollywood Reporter. Previously, Marvel Studios fell under the often scrutinized thumb of Marvel Entertainment CEO Ike Perlmutter, infamous for his extreme frugality, but the change now sees the highly profitable studio more under the arm of Walt Disney Studios.
"Marvel Studios is taking the next logical step in its integration with The Walt Disney Studios, joining Pixar and Lucasfilm in centralizing many of its film-related functions in Burbank, with Marvel Studios president Kevin Feige and co-president Louis D'Esposito continuing to lead the Marvel Studios team reporting to Walt Disney Studios Chairman Alan Horn," a Disney spokesperson told the Hollywood Reporter.
Largely credited with turning Marvel's properties into Hollywood box office gold -- having overseen a slate of films that have grossed over $7 billion dollars -- Feige reportedly vented his unhappiness to Horn and Disney CEO Bob Iger, leading to the reorganization, which took effect last week. The move allows Feige more creative freedom and support as Marvel moves into its Phase Three slate of films, which includes the upcoming "Captain America: Civil War," "Doctor Strange," "Black Panther" and more.
Meanwhile, Head of Marvel Television Jeph Loeb and Marvel TV itself remains under Perlmutter's purview, as well as Marvel animation and publishing divisions.