IkeÂ’s Greatest Hits
And now some personal thoughts. IÂ’ve always been fascinated by Ike Perlmutter. While the public knew him as a notoriously reclusive figure (who at one point hadnÂ’t been photographed in 20 years), he was very real to me. I lived near MarvelÂ’s old offices on Park Avenue and was always running into MarvelÂ’s employees on the street or at my local and hearing stories about IkeÂ’s penny pinching. I came to believe that Marvel would be better off without many of his policies, and that one day he would be removed. And that would be a good day.
So hereÂ’s a by no means exhaustive list of IkeÂ’s greatest hits.
He told Marvel employees they should buy their own toilet paper.
He told Marvel employees they could only make one pot of coffee a day.
He literally went through wastebaskets and fished out paper clips and post it notes.
When Terrence Howard wanted a raise for the role of Rhodey in the Iron Man franchise, Ike Perlmutter fired him and hired Don Cheadle, allegedly telling a Disney exec that no one would notice because Black people “look the same.”
He allegedly told a female executive at Disney that he clashed with that he had a “bullet with her name on it.”
He also clashed with three Black female executives at Disney Consumer Products (including current DC head Pam Lifford) who quit and then got a settlement.
He told Sony head Michael Lynton that female led superhero movies would all fail.
He blocked Marvel Studios from making Black Panther and Captain Marvel movies, leading Iger to ask him to “stop putting up roadblocks” – both films would go on to gross $1 billion.
With the Fantastic Four film rights at another studio – Fox – Ike insisted that the FF comics be cancelled and had artwork taken down from the walls.
Because the X-men were also at Fox, the X-men comics were greatly diminished, and no new mutant characters could be created.
Believing that another team would be just as popular as the X-men, Ike Perlmutter went on a long term campaign to replace them with the Inhumans, leading to many many Inhuman comics, Terrigen mists, and the horrible Inhumans tv show.
The Inhumans show was produced by Marvel Television, which Perlmutter ran under his usual cheapskate methods, resulting in some very cheap looking shows. When Feige took over in 2019 we started to get things like Wandavision.
Employees at Marvel Studios in California had surveillance cameras trained at their desks to make sure they werenÂ’t goofing off; Disney later removed them.
When Marvel Comics moved offices, the new facilities were so cramped they only had one bathroom for each gender in a company of more than 100 people.
These offices were also so cramped that major executives had to shares offices, with even the highest vp level employees doubling up.
He planted stories at comics websites painting Kevin Feige as an unreasonable studio head who was ruining the MCU.
He was notoriously cheap about film junkets, once suggesting that they be catered with potato chips.
He supported his best friend Donald Trump as president and was actually allowed to run the Veteran’s Administration as part of a “shadow cabinet.”
He engaged in a bizarre dispute with a neighbor about tennis and libelous letters.
Â….and so on and on. Really just scratching the surface here. Truly a legend.
Now on the plus side of the ledger, Perlmutter and his wife Laura founded the Laura and Isaac Perlmutter Foundation, which has given out more than $78 million in grants, leading NYU Langone hospital to name their cancer facility the Laura and Isaac Perlmutter Cancer Center. ThatÂ’s what rich people do.
And IÂ’ll throw this in: Ike Perlmutter was a successful businessman who did save Marvel from bankruptcy, successfully ran Toy Biz, and along with former partner Avi Arad, put the whole MCU into motion. His methods were crude but effective.