Â鶹´«Ã½

Skip to main content

Biden is heading to Hollywood for a major fundraiser featuring Steven Spielberg and Shonda Rhimes

President Joe Biden meets with Angola's President Joao Manuel Goncalves Lourenco in the Oval office of the White House, Thursday, Nov. 30, 2023, in Washington. (AP Photo/Andrew Harnik) President Joe Biden meets with Angola's President Joao Manuel Goncalves Lourenco in the Oval office of the White House, Thursday, Nov. 30, 2023, in Washington. (AP Photo/Andrew Harnik)
Share
WASHINGTON -

President Joe Biden will head to Los Angeles next week for a big-dollar event that will be his first since strikes by writers and actors effectively ground his fundraising to a halt in the heart of the entertainment industry, which has long served as the ATM for the Democratic Party.

The event next Friday at the home of Michael Smith, a celebrity interior designer, and his partner James Costos, a former HBO executive who was President Barack Obama's ambassador to Spain, is expected to raise millions and draw a star-studded crowd. Rocker Lenny Kravitz is expected to perform.

Director Steven Spielberg and his wife, Kate Capshaw, who starred in "Indiana Jones and the Temple of Doom," are among the hosts of the event, as are recording industry mogul David Geffen, "Scandal" showrunner Shonda Rhimes and "This is Spinal Tap" director Rob Reiner, according to an invitation obtained by The Associated Press.

Former House Speaker Nancy Pelosi, D-Calif, is also a co-host. Barbra Streisand is set to attend.

"We are overwhelmed by the enthusiasm. We don't do many events, but when we do, we do it out of a great passion," Smith said.

The event is part of a broader fundraising swing by Biden and comes as the Democratic president tries to stockpile cash for what will likely be a grueling rematch against Republican Donald Trump.

Biden also plans fundraisers in Washington, Boston, Maryland, where he will appear with Gov. Wes Moore, and Philadelphia, where he will be joined by Gov. Josh Shapiro, according to a person familiar with the schedule who insisted on anonymity to discuss internal planning details.

With a cash haul from elite party donors expected to reach into the millions, the Los Angeles event could help ease concerns among Democrats about Biden's reelection chances. He already has drawn one primary rival, Minnesota Rep. Dean Phillips, whose candidacy is a symbolic challenge to national Democrats trying to project the idea that there is no reason to doubt Biden's electability, even as many Americans question whether the 80-year-old Biden should serve another term.

As of the last fundraising reporting deadline at the end of September, Biden and his party reported $91 million cash on hand. He is helped by the fact that as the party's leader he has entered into a joint fundraising agreement with the Democratic National Committee, as well as state parties, which enables him to receive a check from a single donor that is in the range of $1 million.

This being Hollywood, there is a bit of intrigue and melodrama playing out.

For decades, Jeffrey Katzenberg, a co-founder of Dreamworks Pictures, has served as an arbiter of presidential fundraising in Los Angeles, usually dictating the terms of who gets to host the first premier event -- often himself.

Katzenberg now serves as an adviser of Biden's campaign and will be hosting his own fundraising "meeting" during Biden's California visit, according to three people with direct knowledge of the event who insisted on anonymity to provide details.

Should Katzenberg be outshined, it could help reshuffle a Hollywood pecking order that has been in place since Bill Clinton was president.

A Katzenberg spokesman declined to comment.

During the 2020 Democratic primary campaign, Smith and Costos hosted Biden's first major fundraiser in the area, during a Los Angeles swing that raised over $1 million.

At the time, Katzenberg was involved in planning events for another Democratic candidate, Pete Buttigieg, who is now Biden's transportation secretary. Buttigieg emerged as a top candidate and there was a tug of war among Hollywood donors over who could host his first event.

Katzenberg's former business partners at DreamWorks, Geffen and Spielberg, will be at the Smith and Costos event.

CTVNews.ca Top Stories

British Columbia saw a rare unanimous vote in its legislature in October 2019, when members passed a law adopting the United Nations Declarations on the Rights of Indigenous Peoples, setting out standards including free, prior and informed consent for actions affecting them.

A pedestrian has died after reportedly getting struck by an OPP cruiser in Bala early Sunday morning.

Two and a half years after losing her best friend and first love to suicide, Brooke Ford shared her story of grief and resilience at the CMHA Windsor-Essex Suicide Awareness Walk.

opinion

opinion How to make the most out of your TFSA

The Tax-Free Savings Account can be a powerful savings tool and investment vehicle. Financial contributor Christopher Liew explains how they work and how to take full advantage of them so you can reach your financial goals faster.

Local Spotlight

A tale about a taxicab hauling gold and sinking through the ice on Larder Lake, Ont., in December 1937 has captivated a man from that town for decades.

When a group of B.C. filmmakers set out on a small fishing boat near Powell River last week, they hoped to capture some video for a documentary on humpback whales. What happened next blew their minds.

A pizza chain in Edmonton claims to have the world's largest deliverable pizza.

Sarah McLachlan is returning to her hometown of Halifax in November.

Wayne MacKay is still playing basketball twice at Mount Allison University at 87 years old.

A man from a small rural Alberta town is making music that makes people laugh.

An Indigenous artist has a buyer-beware warning ahead of Sept. 30, the National Day for Truth and Reconciliation.

Police are looking to the public for help after thieves broke into a Lethbridge ice creamery, stealing from the store.

An ordinary day on the job delivering mail in East Elmwood quickly turned dramatic for Canada Post letter carrier Jared Plourde. A woman on his route was calling out in distress.