March 29 (Reuters) - Walt Disney Co (DIS.N) has laid off Marvel Entertainment Chairman Isaac "Ike" Perlmutter as part of a cost-cutting campaign, a source confirmed Wednesday.
Dan Buckley, president of Marvel Entertainment, will remain and report to Marvel Studios President Kevin Feige, the second source said.
Perlmutter, who outmaneuvered billionaire Carl Icahn for control of the comic book publisher in the late 1990s, sold Marvel to Disney for $4 billion in 2009.
Disney CEO Bob Iger later restructured Marvel in 2015, placing Marvel Studios under Walt Disney Studios.
Perlmutter retained the title of chairman of Marvel Entertainment, a unit responsible for publishing, games, digital media and some consumer products.