President-elect Donald Trump threw some shade at the Walt Disney Company at a recent event at Mar-a-Lago, which was also attended by former Marvel Entertainment president and billionaire Ike Perlmutter.
“This man rose from extreme poverty to own Disney,” Trump told the audience, referring to Perlmutter. “Then he came out of Disney because Disney woke up. He didn't want to wake up Donald Duck.”
was also present rocky Star Sylvester Stallone.
It is unclear when this incident occurred, but it appears to have been this week.
Mr. Perlmutter, a staunch donor and ally of President Trump, sold Marvel to Disney in a blockbuster $4 billion deal in 2009, allowing him to maintain control of Marvel's consumer products. It became. The superhero brand quickly became a cash cow for Disney, who continued to roll out Marvel-branded movies. iron man trilogy, guardians of the galaxy trilogy, and the avengers movie.
But last year, Disney parted ways with Perlmutter, ending its official relationship with Marvel. His departure comes as the Disney studio languishes amid brand damage brought on by its embrace of woke identity politics, including the push for transgenderism in children's entertainment, and major financial turmoil for the Disney Co. It was done during the.
Disney experienced a disastrous 2022, with its stock plummeting 44% in 2022, profitability taking a huge hit and then-CEO Bob Chapek being fired. Mass layoffs continued until 2024.
Some reports have suggested that Perlmerter's resignation came after he supported activist investor Nelson Peltz's proxy fight to join Disney's board, which led to Perlmerter's return. There is a possibility of conflict with CEO Bob Iger.
Perlmutter is also involved in a long-running battle with Florida Gov. Ron DeSantis (R) after the studio attacked the state over the Parental Rights in Education Act, which protects children from extreme LGBTQ indoctrination in schools. But I supported it.
Mr. Perlmutter, famously wary of the news media, has never given an interview during his decades as a businessman and political donor.
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