Marvel Studios President Kevin Feige has openly discussed his profound disappointment with the perpetually stalled Blade reboot, referring to the project's current state as a "gigantic loser and failure."

First announced in 2019 with Mahershala Ali attached to star as a new iteration of the vampire hunter, the film has struggled to gain traction for years. Feige admitted that the script has undergone numerous revisions, moving away from earlier period piece concepts to a modern-day setting. Despite the enthusiasm from Ali and the fanbase, confidence in delivering a strong final product during production has been a persistent issue.

"We didn't feel confident that we could do that on Blade, and we didn't want to do that to Mahershala and didn't want to do that to us," Feige explained, detailing the decision to delay and re-evaluate the project. The production challenges have led to significant setbacks, with development reportedly on hiatus.

Mia Goth, who was attached to the project, shared her experience of preparing for a 1920s version of the film, including costume and wig fittings. She noted that her involvement progressed to a chemistry test with Ali before the concept was ultimately scrapped. "It just unravelled from there, unfortunately," Goth stated.

Interestingly, wardrobe created for the Blade film's supporting cast was reportedly sold off and later repurposed for Ryan Coogler's period vampire film, "The Undervine." Meanwhile, Wesley Snipes, who originally portrayed Blade, has reprised his role for a cameo in "Deadpool & Wolverine." Ryan Reynolds, starring as Deadpool, has publicly expressed a desire for Snipes' original Blade character to receive a proper send-off.

Feige's candid admission about Blade's troubled development comes as the film remains absent from the studio's slate. Wesley Snipes himself has previously quipped about the film's ongoing delays. David S. Goyer, who penned the original Blade trilogy and directed "Blade: Trinity," has also expressed puzzlement over the prolonged development.

Adding to the project's instability, reports indicate uncertainty surrounding a "Blade" video game in development at Arkane Lyon, a studio affected by recent layoffs at Microsoft-owned Xbox. The fate of the "Blade" film, and its potential to move forward with Ali, remains unclear amidst these ongoing production and developmental hurdles.