Tuesday, July 26, 2011

Obama's Hollywood Money Flow

I know this is a couple of weeks late, but I wanted to put this up.

Hollywood is once again opening their wallets for Barack Obama.

According to Politico:
 
President Barack Obama’s latest fundraising report resembles an A-list of Hollywood stars, with donations from some of the top celebrities in the entertainment industry.

Among the more than 550,000 donors to the president’s 2012 reelection bid were big-name movie stars including actors George Clooney, Michael Douglas, Sharon Stone, Michael Keaton, Tom Hanks and his wife Rita Wilson. Filmmaker Steven Spielberg and his wife, actress Kate Capshaw, also gave to the 2012 campaign, according to the latest Federal Election Commission report. Jennifer Garner and Gwyneth Paltrow both contributed under their married names —Affleck and Martin, respectively.

30 Rock” actor Alec Baldwin, who has often toyed with a potential political run, also shelled out cash for Obama’s second-quarter fundraising haul. And several other TV actors — such as “Monk”’s Tony Shalhoub, “Glee”’s Jane Lynch, “24”’s president Dennis Haysbert and sci-fi stars Scott Bakula and Richard Dean Anderson — joined Baldwin in contributing to the president’s reelection bid.

Comedians Will Ferrell, Carl Reiner and “The Simpsons”’s Yeardley Smith also doled out money for Obama, whose campaign attracted a record-breaking $86 million in donations.

According to the July quarterly report, the president’s reelection campaign raised $47 million, while the Democratic National Committee raised $38 million through Obama’s joint committee.
About 40 percent of the president’s record-breaking take came from big-money bundlers, according to a POLITICO analysis of donors listed on Obama’s campaign web site. Among those bundlers were top Hollywood insiders Andy Spahn, Ari Emanuel and Jeffrey Katzenberg.

Spahn — an entertainment consultant who was appointed in 2008 to the President’s Commission on Arts and Humanities —brought in over $500,000 in the last quarter. Katzenberg, a Hollywood mogul and DreamWorks Animation CEO, also appears in the group of bundlers who’ve raised over $500,000.
Emanuel, who served as the inspiration for “Entourage”’s movie agent Ari Gold, raised between $50,000-$100,000 for his brother Rahm’s former boss.

Obama’s campaign also pulled in a number of other actors and familiar faces, such as Vanessa Williams, Anthony Edwards of “ER”, “Star Trek”’s John Cho, “House”’s Jennifer Morrison, “Cougar Town”’s Christa Miller, Brenda Strong of “Desperate Housewives” and Wayne Wilderson, the actor who portrays the grapes in Fruit of the Loom commercials.

  • Along with Politico's findings, other donors and supporters in the entertainment industry include, singer and actress Beyonce, Vogue editor-in-chief Anna Wintour and actor Neil Patrick Harris.
  • Some industry power players have been critical of Obama, but have said they'll still support him, include actor Matt Damon and rapper Jay-Z.

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