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Former Disney CEO Michael Eisner Raising $800 Million to Start Production Company

May 3, 2012  •  Post A Comment

Former Disney Chief Executive Michael Eisner is trying to raise $800 million for a new television and film production company, reports CNBC.com.

JP Morgan is leading the effort to raise $400 million in equity and $400 million in debt financing, the story notes.

Eisner’s goal is to produce two to three scripted television shows per year, along with four to five films. Since leaving Disney in 2005, Eisner has been focused on digital content through Tornante, although he hasn’t re-entered the TV or film business since his Disney career, the story says.

Eisner is expected to invest $20 million of his own funds in the new company.

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