Low box office numbers for Dreamworks Animation’s Penguins of Madagascar is the latest in troubles for Obama donor Jeffrey Katzenberg, who has unsuccessfully been shopping the studio all year.
Hillary Clinton will be attending Jeffrey Katzenberg’s Hollywood fundraiser for Senate Democrats, according to the Los Angeles Times.
Jeffrey Katzenberg made a plea to Rupert Murdoch for him buy DreamWorks Animation for $4 billion after it was reported that the company was close to being sold to a Japanese company for a lower amount. Murdoch shut him down.
DreamWorks is in serious sale talks with a Japanese bank that is valuing the company at $3.4 billion. The three biggest individual shareholders of the company are loyal Democratic donors who are about to get a lot richer.
The executives at the helm of Hollywood’s biggest studios are accused of conspiring together in an effort to suppress worker salaries, according to the Los Angeles Business Journal.
DreamWorks CEO and major Obama donor Jeffrey Katzenberg is forcing Lassie, the beloved American collie, to endure a grueling publicity tour in an effort to turn a profit for his struggling movie studio. DreamWorks acquired the rights to the storied franchise in 2012, and Katzenberg is determined to turn Lassie into a “merchandizing star” in order to milk the innocent pooch for all she’s worth. According to the New York Times:
DreamWorks Animation CEO Jeffrey Katzenberg, a high dollar Democratic donor, is under scrutiny for more than a million dollars in stock sales prior to a precipitous decline in value of the company’s share prices, the New York Post reported on Monday.
The studio led by a high-powered Hollywood exec who’s given millions of dollars to President Barack Obama and other Democrats faced a sell-off on Wednesday as its stock plunged by double digits.
President Barack Obama will give a prestigious government award to one of his top campaign donors, the White House announced on Tuesday.
Alaska Democratic Sen. Mark Begich’s reelection effort is getting a massive boost from a top D.C.-based Super PAC with ties to top national Democrats as Begich touts his supposed independent streak and attacks his likely opponent as an outsider.