Disney CEO Bob Iger Removes Marvel Entertainment Chairman Ike Perlmutter
TL;DR Summary
Disney CEO Bob Iger has laid off Ike Perlmutter, the former head of Marvel Entertainment, as part of a $5.5 billion cost-cutting drive that includes eliminating 7,000 jobs. Perlmutter, who sold Marvel to Disney for $4 billion in 2009, had a volatile tenure at Disney and repeatedly clashed with key executives. He was notorious for focusing on costs and opposing Marvel movies that starred Black or female superheroes. Perlmutter's departure removes a longstanding source of tension within the media giant.
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