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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Disney Lays Off Marvel Entertainment Chairman Ike Perlmutter

Ike Perlmutter

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.

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