Trump Praises Ike Perlmutter's Disney Departure

At a recent Mar-a-Lago event, President-elect Donald Trump praised former Marvel Entertainment CEO Ike Perlmutter for leaving Disney, framing his departure as a rejection of the company's 'woke' direction. Trump claimed Perlmutter 'went from stone-cold broke to owning Disney' before distancing himself from the company due to its perceived political correctness. In reality, Perlmutter was laid off in 2023 as Disney merged his division into other areas amid cost-cutting efforts, and he sold his Disney shares for nearly $3 billion. Perlmutter's tenure at Marvel saw him at odds with Disney's leadership, particularly over the direction of films featuring diverse leads. His exit coincided with significant financial challenges for Disney, including a substantial drop in stock value. The event also highlighted ongoing tensions between Disney and right-leaning figures, with Perlmutter having previously supported activist investor Nelson Peltz's efforts to influence Disney's board.