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Disney explains the ouster of Isaac ‘Ike’ Perlmutter as part of a cost-cutting effort aimed at improving the company's financial performance and positioning it for growth in the streaming industry
After laying off chairman Ike Perlmutter, Marvel's comics division will be 'folded into' Disney.
Disney Folds Marvel Entertainment, Ousts Chairman Ike Perlmutter - 03/30/2023
The move, part of a cost-cutting campaign, followed Mr. Perlmutter’s unsuccessful effort to shake up Disney’s board.
One of comics' most senior figures, Marvel Entertainment CEO Isaac "Ike" Perlmutter, has been laid off by Disney.According to the New York Times, this is part of a larger cost-cutting m