
Isaac "Ike" Perlmutter, the hard-charging chairman of Disney-owned consumer products unit Marvel Entertainment, has been let go amid the conglomerate's broad-reaching layoffs, and his division has been subsumed into Disney's larger consumer products business.
Marvel Entertainment is -- or was -- a separate, much smaller division relative to Marvel Studios, focused on businesses like tsotski product licensing. Amid the cuts, Marvel Entertainment’s co-president, Rob Steffens, and chief counsel, John Turitzin, were also let go.