The behind-the-scenes shakeups continue at Marvel:
, Marvel Entertainment was declared “redundant” and will be “folded into larger Disney business units.” As a result, Perlmutter and several other high-ranking executives within the division were laid off., Perlmutter had a reputation within the company for “corporate frugality”:
Mr. Perlmutter’s zealousness for corporate frugality in service of profit is well known in the entertainment business. In one particularly vivid example, he used to pluck paper clips out of garbage cans at Marvel offices for reuse. People at Marvel still talk about the time he suggested serving potato chips at a movie premiere to save catering costs.
In recent months, Perlmutter was in business news as he openly tried to get his friend Nelson Peltz a seat on the Disney board. , who had been with the company since prior to the release of the original , and was one of its most tenured and respected producers.
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