Does Hollywood need another family-friendly studio? That's what Cook is reportedly looking to do
Ousted Disney studios chief Dick Cook is looking to raise $625 million to start a family-friendly film movie studio, according to a Bloomberg report.
The financial service quoted a banker saying that Cook and his financial advisers are meeting with private equity firms and hedge funds to raise a fund to make and distribute family oriented films.
Cook did not respond to a request for comment. He has frequently said privately that he was working on his next project, after having been pushed out of Disney in 2009.
Cook worked at Disney for more than 30 years before being replaced by Rich Ross and has good relations throughout the industry.
But starting a family-friendly movie studio? Sounds like he might have a touch of Jeffrey Katzenberg-itis.