Disney Fires Marvel Chair Ike Perlmutter

Disney called the removal of Marvel Entertainment Chair Ike Perlmutter a cost-cutting move, but the billionaire businessman says he was flat-out fired.

Perlmutter, 80, told The Wall Street Journal he was fired for butting heads with creative executives while challenging Disney’s flagrant overspending in his division.

“I have no doubt that my termination was based on fundamental differences in business between my thinking and Disney leadership, because I care about return on investment,” Perlmutter told the Journal, echoing his statement after his removal.

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