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Marvel Entertainment Chairman Ike Perlmutter
Out at Disney

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Posted By: Dreadnought, 3/29/2023 1:45:10 PM

Marvel mogul Isaac “Ike” Perlmutter is out at Disney. The billionaire, who sold the comic book giant Marvel to Disney in 2009, was told Wednesday that Disney is folding his Marvel Entertainment unit into other pats of the company and that he would be let go. Marvel Entertainment is focused mostly on consumer products and is not part of the lucrative Marvel Studios division led by Kevin Feige. Rob Steffens, the co-president of Marvel Entertainment, was also let go. The New York Times first reported Perlmutter’s departure. Known for being reclusive and frugal, Perlmutter acquired Marvel in 1998 via a toy company he controlled. A little more than a decade later, he helped

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Reply 1 - Posted by: Dreadnought 3/29/2023 1:46:19 PM (No. 1436462)
Yes. The "larger context" is plainly clear in the photo and final paragraph. The "larger context" is missing from the initial reports of the other 2 major Hollywood papers but everyone knows it.
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Reply 2 - Posted by: DVC 3/29/2023 1:59:59 PM (No. 1436467)
Non-creative, or even anti-creative people, especially those with political and social agendas always destroy companies based on creative work.
8 people like this.

Reply 3 - Posted by: LadyHen 3/29/2023 2:35:58 PM (No. 1436491)
I have read that many heads are being lopped off at the House of Mouse. Iger taking the scalps of those who aren't on "his team" I am guessing. He does not take any dissention in the ranks well. Rearranging deck chairs on the Titanic as far as I am concerned. Iger will fail because the "woke" has gone too deep and the good will of the people is now exhausted!! Disney is too expensive, too woke, and too frightening for many parents now.
13 people like this.

Reply 4 - Posted by: voxpopuli 3/29/2023 2:49:04 PM (No. 1436503)
"A longtime friend of former President Donald Trump, Perlmutter was also said to have served as something of an informal adviser to Trump’s Veterans Affairs department." funny he lasted that long..
6 people like this.

Reply 5 - Posted by: zephyrgirl 3/29/2023 4:37:01 PM (No. 1436597)
"When you strike at a king, you must kill him." Perlmutter was part of Nelson Peltz's proxy fight with Disney. Iger successfully fought off Peltz, now he's making sure Peltz has no allies left in Disney management.
4 people like this.

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