Disney's Marvel Reportedly Fires 'X-Men '97' Creator Beau Demayo Just Before Premiere
Portfolio Pulse from Ananya Gairola
Marvel Entertainment, owned by The Walt Disney Co. (NYSE:DIS), has reportedly fired Beau DeMayo, the creator of the Disney+ series X-Men '97, just weeks before its premiere. DeMayo, who had significant involvement in Marvel projects and had completed writing for the second season of X-Men '97, was abruptly terminated without a disclosed reason. This move has surprised many, given the timing and DeMayo's key role. Despite this, the premiere of X-Men '97 is still scheduled for March 20, with the show generating substantial interest.
March 13, 2024 | 8:48 am
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NEGATIVE IMPACT
The Walt Disney Co. faces potential reputational risks and public relations challenges following the abrupt firing of Beau DeMayo, the creator of the highly anticipated Disney+ series X-Men '97.
The firing of Beau DeMayo could lead to negative public perception and potential backlash against Disney, impacting investor sentiment. However, the continued interest in X-Men '97 and its scheduled premiere might mitigate some of the negative impacts. The lack of disclosed reasons for the firing adds uncertainty, potentially affecting short-term stock performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90