Dick Cook has been relatively quiet since being ousted as Walt Disney Studios chairman in September 2009, save landing a board seat at Legendary Pictures back in April. But now it appears he is making noise in a big way: Bloomberg is reporting that Cook is looking to raise $625 million in equity financing to make and distribute family-oriented films, according to a banker with knowledge of the matter.
Cook is talking to private equity, hedge funds and wealthy individuals, Bloomberg says. Other terms of the deal were not disclosed. If successful, the move would return Cook in full to the business of making movies, which he did for seven years as the Disney Studios boss (he was at Disney for 38 years, famously starting out as a ride operator at Disneyland), overseeing the creation of the lucrative Pirates of the Caribbean series among other franchises. Until now, Cook was aboard only one film project: as producer of Legendary’s Jackie Robinson biopic, which was announced in June and will be done at Warner Bros.