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Biden launches a Hollywood fundraising blitz to tap into Star Power with strikes over

Here’s a Hollywood ending that President Joe Biden wants to bring to life: an incumbent facing tough polling numbers and questions about his advanced age overcomes a brash opponent to win a second term at the White House. With strikes by writers and actors now over, Biden is beginning to make that pitch to the Southern California set in person. He and first lady Jill Biden plan to attend six fundraising events and meetings between them this weekend in the Los Angeles area, asking some of the glitziest names in town to open their checkbooks for his reelection campaign.

Quick Read

  • Biden’s Hollywood Fundraising: President Joe Biden aims to mirror a Hollywood-style comeback by winning a second term, starting with fundraising in Southern California.
  • Six Events Planned: Biden and First Lady Jill Biden to attend six events, including fundraisers and meetings, in Los Angeles.
  • Record Fundraising Expected: The weekend events are expected to raise more funds than any other period since Biden’s campaign launch.
  • High-Profile Organizers and Attendees: Events organized by figures like Steven Spielberg, Barbra Streisand, and Jeffrey Katzenberg, with performances and appearances by celebrities like Lenny Kravitz and Nancy Pelosi.
  • Focus on $67 Million Target: The aim is to reach a fourth-quarter fundraising target of about $67 million.
  • Resumption of Fundraising Post-Strikes: With writers and actors strikes over, Biden resumes courting Hollywood donations, traditionally a significant source for Democrats.
  • East Coast Fundraising: Biden also engaged in fundraising activities on the East Coast, including events in Boston and near the White House.
  • Concerns Over Biden’s Age and Approval: Despite low approval ratings and concerns about his age (81 by 2024), Biden’s campaign gains momentum, especially with the likelihood of a rematch against Donald Trump.
  • Bipartisan Support Indicated: Notable attendees include figures from both Democratic and Republican backgrounds, indicating cross-party appeal.
  • Focus on Governing Over Campaigning: Biden prioritizes governing duties over frequent campaign rallies, maintaining a balance between presidential responsibilities and fundraising efforts.
  • Fundraising Success Comparison: Biden’s third-quarter fundraising outperformed Trump’s campaign in the same period this year but fell short of Trump’s 2019 figures with the RNC.
  • Campaign’s Cash Position: Biden’s campaign reported having $91 million cash on hand at the end of September, a record for a Democrat at this stage in an election cycle.
  • California Consultant’s Perspective: Democratic consultant Brian Goldsmith supports Biden’s fundraising efforts but suggests limited visits, emphasizing the importance of Biden’s presidential duties.

The Associated Press has the story:

Biden launches a Hollywood fundraising blitz to tap into Star Power with strikes over

Newslooks- WASHINGTON (AP)

Here’s a Hollywood ending that President Joe Biden wants to bring to life: an incumbent facing tough polling numbers and questions about his advanced age overcomes a brash opponent to win a second term at the White House.

With strikes by writers and actors now over, Biden is beginning to make that pitch to the Southern California set in person. He and first lady Jill Biden plan to attend six fundraising events and meetings between them this weekend in the Los Angeles area, asking some of the glitziest names in town to open their checkbooks for his reelection campaign.

Some of the events will be public and others private over roughly 36 hours in California. But organizers say Biden should raise more this weekend than in any similar time frame since announcing his campaign in April. He may also potentially take in more than any presidential candidate has in greater Los Angeles this far out from Election Day.

FILE – President Joe Biden speaks during an event on prescription drug costs, in the East Room of the White House, Aug. 29, 2023, in Washington. The Biden administration is putting pharmaceutical companies on notice. It’s warning them that if the price of certain drugs is too high, they might allow other companies to make their product. Under the new plan, the government would consider overriding the patent for high-priced drugs that have been developed with the help of taxpayer money. (AP Photo/Evan Vucci, File)

“The pent-up excitement, enthusiasm is really unprecedented,” said Jeffrey Katzenberg, a co-founder of DreamWorks Pictures and longtime Democratic presidential fundraiser in Los Angeles, who is one of the Biden campaign’s national co-chairs. “People are excited. They’re mobilized. And they’ve been waiting months to show their support for him.”

This weekend’s events are aimed at helping Biden reach a fundraising target of roughly $67 million for the fourth quarter of the year, according to a source close to the president’s campaign who insisted on anonymity to discuss internal numbers.

Biden will attend a Friday night fundraiser in Santa Monica organized by luminaries like Steven Spielberg and Barbra Streisand, comedy director Rob Reiner, recording industry mogul David Geffen and Shonda Rhimes, the showrunner of “Scandal” and executive producer of “Bridgerton.”

Rocker Lenny Kravitz is performing and former House Speaker Nancy Pelosi will address the crowd, as will Biden, according to an invitation obtained by The Associated Press. Another fundraising meeting will be held at Katzenberg’s home on Saturday.

Biden, who frequently calls himself the “most pro-union” president in U.S. history, stayed away from raising money in Los Angeles during the monthslong writers and actors work stoppages. Now, though, he’s free to court Hollywood — a traditional source of large-dollar donations for Democrats — without political blowback.

Katzenberg said this weekend should kick off more frequent fundraising travel out West by Biden.

FILE – President Joe Biden speaks in the East Room of the White House, Oct. 30, 2023, in Washington. Biden is heading to Las Vegas to showcase $8.2 billion in funding for 10 major passenger rail projects across the country. The money includes funding to spur work on high-speed, electric train routes that could one day link Nevada and California, as well as Los Angeles and San Francisco. (AP Photo/Evan Vucci, File)

Biden has also been collecting cash on the East Coast. He flew to Boston on Tuesday for a trio of gatherings to raise money, including one that featured singer-songwriter James Taylor, and attended a high-dollar event on Wednesday at a hotel near the White House.

Biden has another fundraiser scheduled Monday in Philadelphia expected to feature Pennsylvania’s Democratic Gov. Josh Shapiro, who has been mentioned as a potential post-2024 presidential candidate, and is also planning an upcoming Maryland reception with Democratic Gov. Wes Moore, 45, a key voice for Biden’s campaign with young voters.

Raising money on both coasts could quiet some donors who have privately grumbled that the president hasn’t done enough to stock his campaign coffers ahead of a 2024 race that is likely to be hard-fought and close.

Some in the broad coalition of voters that helped Biden defeat Donald Trump in 2020 are wary about Biden’s low approval ratings and there are questions, even among reliable Democrats, about whether the 81-year-old president’s age could be an issue in 2024. Others, though, have watched Trump build a commanding early lead in the Republican presidential primary and are now even more anxious to back Biden given that a rematch with Trump seems likely.

“Whether the enthusiasm is because of the exceptional accomplishments of President Biden, or because of the extreme alternative of someone who is declaring themselves to be an autocrat, either way, you get to the same place,” Katzenberg said. “Which is, Joe Biden’s your person.”

James Costos, a former HBO executive who was President Barack Obama’s ambassador to Spain, is hosting Friday’s event at his home. Costos’ partner, Michael Smith, is a celebrity interior designer who helped redesign the Oval Office during the Obama administration.

“It’s time everyone mobilizes themselves and their communities and networks,” Costos said.

Other co-hosts for Friday’s event include Jim Gianopulos, former chairman of Paramount Pictures, and Wendy Schmidt, wife of former Google CEO Eric Schmidt. California Gov. Gavin Newsom, another possible presidential candidate after next year’s election, is also set to attend.

Ticket prices range from $1,000 for general admission to $500,000 to attend at “chairman” level.

Also listed as cohosts are Bob Tuttle, who served as U.S. ambassador to the United Kingdom under Republican President George W. Bush, and his wife, Maria Hummer Tuttle.

Biden has held just one campaign rally so far, addressing a summer event in Philadelphia with large unions who jointly endorsed his reelection. Instead, he’s focused on governing and raising money. The campaign has also coordinated with the Democratic National Committee to help defray advertising costs and build out staffing in key states around the country — trying to keep spending low until the race heats up next year.

The president and the DNC reported raising more than $71 million in the quarter ending Sept. 30. Biden’s joint fundraising agreement with the DNC and state parties allows him to receive a check from a single donor that is in the range of $1 million.

His third-quarter haul exceeded the roughly $70 million that Obama and his affiliated committees raised in the same quarter in 2011, without adjusting for inflation. But it fell short of Trump, who reported raising $125 million with the Republican National Committee during the third quarter when he was seeking reelection in 2019.

The Biden campaign also noted, however, that its third-quarter total outpaced the $45.5 million Trump’s campaign reported taking in during the same period this year, and said that the president had $91 million cash on hand at the end of September, which it said was the highest total by a Democrat at that point in an election cycle.

Brian Goldsmith, a Democratic consultant based in California who plans to attend Biden’s event on Friday, said, “It’s great he’s coming,” but, “I don’t know how often he’s gonna come back, nor do think he should come back that much.”

“I think donors understand that, between Israel, Ukraine, another potential government shutdown, he’s got a big job to do,” said Goldsmith. “The best thing he can do to get reelected is continue to do a good job being president.”

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