President-elect Donald Trump praised former Marvel chairman Isaac “Ike” Perlmutter for abandoning Disney over their woke agenda.
Trump addressed his supporters at an event at Mar-a-Lago Monday night, and addressed Perlmutter’s stance on keeping the woke agenda out of entertainment. “The guy went from stone-cold broke to owning Disney,” Trump said,. “Then he got out of Disney because they went woke. He didn’t want woke Donald Duck, right?” Trump said, according to Variety. Disney has been following the woke agenda and has seen a number of their movies flop at the box office, inclusive of “Little Mermaid,” and their anticipated woke-twist of “Snow White” poised for release March 21, 2025.
PHOENIX, ARIZONA – DECEMBER 22: U.S. President-elect Donald Trump speaks during Turning Point USA’s AmericaFest at the Phoenix Convention Center on December 22, 2024 in Phoenix, Arizona. The annual four day conference geared toward energizing and connecting conservative youth hosts some of the country’s leading conservative politicians and activists. (Photo by Rebecca Noble/Getty Images)
Disney announced they had laid off Perlmutter in 2023 when his division was absorbed into other units of the company as part of sweeping cost-saving measures. The Marvel ex-chairman then moved quickly to sell off all his Disney stock, which totaled approximately 25.6 million shares. He raked in nearly $3 billion on the sale, according to The Wall Street Journal. The publication went on to report that Perlmutter expected shares of Disney to continue to drop and noted that he planned to repurchase much of his previous stock holdings if the share price ever fell below $75 per share.
Perlmutter took control of Marvel Entertainment in the 1990s and became a major shareholder in the Walt Disney Company in 2009.
He sold Marvel Entertainment to Disney for more than $4 billion, and was known for fighting Marvel Studios chief Kevin Feige over making “Black Panther” and “Captain Marvel” on the idea that movies led by Black or female characters would not see commercial success. Bog Iger, the CEO of Disney at the time, intervened and overruled Perlmutter. Iger retired from Disney in 2021. (RELATED: Moviegoers Slam Absurd Woke Agenda In ‘Wicked’)
Perlmutter was in attendance when Trump made mention of him during the event Monday night, according to Variety.
This article was originally published at dailycaller.com
