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Hollywood Democrat donors have been quietly turning on mogul Jeffrey Katzenberg after he persuaded them into backing Joe Biden under the promise that the president would be physically and mentally fit for another four-year term, despite being 81 years of age.last month, the former chairman of the Walt Disney Company, CEO and co-founder of DreamWorks “had to engage in some heavy lifting to convince skeptical Democrat donors that President Joe Biden isn’t too old to run again.
According to California Gov. Gavin Newsom , Katzenberg told donors, “Trust me. And if you don’t trust me, trust, but verify. Come with me and see for yourself and engage with the president.” “What Jeffrey Katzenberg has done here is unbelievable,” said one Hollywood power broker, donor and influential Democrat who declined to be identified. “Jeffrey lied about the whole Biden thing. The whole Biden inner circle lied… It’s such an act of hypocrisy.”
A Democrat insider told TheWrap that Katzenberg has become quite the talk of Hollywood in recent days. While his status in the entertainment industry remains largely untapped, some say that his power as an influencer may be waning following the implosion of the tech company Quibi and now Joe Biden’s campaign, which he enthusiastically pushed on Hollywood donors alongside the likes of George Clooney and Julia Roberts.
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