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A Hollywood big shot is helping Joe Biden pitch his age to wary voters in the 2024 election. Jeffrey Katzenberg wants Biden to tout his age like Harrison Ford or Mick Jagger, per The Wall Street Journal. Katzenberg has told Biden to embrace his age like 80-year-old Harrison Ford, who is reprising his role in the "Indiana Jones" franchise, or Mick Jagger, who was still performing on tour last year at 79. "I've never, ever had the sense that Jeffrey does this for what the business people call ROI," Begala told the Journal. "He's very much committed to Biden, for Biden, and I think he may be one of the few people who can talk to him as a near peer."
Persons: Joe Biden, Jeffrey Katzenberg, Biden, Harrison Ford, Mick Jagger, , Jeffrey Katzenberg —, Katzenberg, Indiana Jones, Jeffrey, there's, George Clooney, he's, doesn't, Clooney, Paul Begala, I've, Begala Organizations: Street Journal, Service, DreamWorks, Hollywood, Democratic
Two weeks after President Biden unveiled his re-election bid, his campaign manager has yet to start the job, his seven co-chairs have not had a group discussion and his team has made little outreach to allies in Congress. For all the attention on Mr. Biden’s gauzy announcement video and the symbolism his campaign attributed to the day he entered the race — precisely four years after he began his 2020 bid and with the same message of saving the nation’s very soul — there is little evidence of the typical preparation for a national political campaign. Mr. Biden’s top advisers insist the limited-release nature of his 2024 campaign is boring by design. They say they are holding down costs by outsourcing as much as possible to the Democratic National Committee while the president’s senior staff members remain ensconced in top White House roles that allow them to engage in campaign strategy. “All of the pieces that should and need to fall into place will,” Jeffrey Katzenberg, the Hollywood mogul and Democratic megadonor and one of the Biden campaign co-chairs, said in an interview.
DreamWorks Animation has laid off 33 staffers, or around 2%, in recent days. DreamWorks' parent company, NBCUniversal, has been laying off staff across divisions in recent months. The cuts were confirmed by a spokesperson from DreamWorks Animation, whose parent company, Comcast's NBCUniversal, has eliminated roles across the organization over the past six months. DreamWorks Animation said in a statement that the layoffs were part of an overall cost reduction and that a majority of those affected were in support functions. This person said staffers laid off in this round learned the news several weeks ago, giving those affected some time to prepare.
WASHINGTON, April 28 (Reuters) - U.S. President Joe Biden made his pitch for re-election on Friday night to a small group that may prove essential to his candidacy: the wealthy. Biden may need to raise and spend more than $1 billion to run a competitive campaign in 2024, allies believe. A Reuters/Ipsos poll completed on Monday showed that a majority of registered voters do not want either Biden or Trump, 76, to run again. Instead, Biden has mostly filled his days with traditional Oval Office duties, including hosting South Korean leader Yoon Suk Yeol for a state visit. On Saturday, Biden is due to deliver light-hearted remarks at the annual White House Correspondents' Association Dinner.
Big donors in the business world started rallying around President Joe Biden soon after he announced Tuesday that he's running for reelection next year. A Biden campaign spokesperson didn't return a request for comment before publication. Katzenberg told CNBC in an exclusive interview Tuesday night that he believes the Biden campaign will raise more this time around than in 2020. Biden's campaign raised over $400 million from donors that gave under $200 during his last run for president, according to OpenSecrets. Venture capitalist Ron Conway has told friends he will help the president's campaign, according to a person close to him.
A series of upcoming challenges, from the ongoing war in Ukraine to a still-uncertain economy, could provide hurdles to Biden’s reelection. The Washington beltway event may be indicative of what’s to come for the Biden reelection campaign strategy. “Just like four years ago—I’m off to teach and Joe’s launched his (re-election) campaign! Obama held his first reelection campaign rally in May 2012, 13 months after announcing his bid for a second term. The wait for a Biden reelection rally could be just as long.
Mark Suster is managing partner of Upfront Ventures, a Los Angeles venture firmSuster's fastidiousness has created what many now consider one of the best tech conferences of the year. But Suster's abrasive, take-no-prisoners approach has also alienated some startup founders and investors. These luminaries were among the 1,000-plus attendees of last month's Upfront Summit, a glitzy, invite-only tech conference organized by Upfront Ventures and its managing partner, Mark Suster, in Los Angeles each year. "Mark and the Upfront Summit helped put LA tech and investing on the map," said Jeffrey Katzenberg, the cofounder of DreamWorks and WndrCo. Several years ago, a founder whose startup Suster invested in was in a conference room rehearsing their presentation for the Upfront Summit.
"I have worked with more than 50 VCs and nobody comes close to what it is like to work with Mark Suster," said a founder backed by Suster. "Mark and the Upfront Summit helped put LA tech and investing on the map," said Jeffrey Katzenberg, the cofounder of DreamWorks and WndrCo. Several years ago, a founder whose startup Suster invested in was in a conference room rehearsing their presentation for the Upfront Summit. If you're going to put him on your board, you're letting the fox guard the henhouse. "If you're going to put him on your board, you're letting the fox guard the henhouse."
Parafin, launched in 2020, works with so-called platform partners, or companies that other small businesses sell their products through. All the cofounders knew was that they wanted to build technology that would help small businesses. And they may not get their first contract payment from the government for as long as 120 days," Reed, the startup's CEO, told Insider. Helping small businesses manage their taxesComplYant's founder Shiloh Jackson wants to help people be present in their bookkeeping. HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.
[1/3] FILEPHOTO: Executive Chairman of the Walt Disney Company, Bob Iger arrives at the world premiere for the film 'The King's Man' at Leicester Square in London, Britain December 6, 2021. In his 15 years as Disney chief executive, Iger postponed his retirement four times, sidelining would-be successors. read more Part of his mandate, according to Disney, is to work with the board to develop a successor to lead the company. Chapek was among a shortlist of internal candidates vying for Iger's job, according to a source familiar with discussions. Another seen as a top contender was Kevin Mayer, Disney's longtime head of strategic planning who had shepherded the successful launch of Disney+, according to sources.
Jeffrey Katzenberg and his WndrCo partner Sujay Jaswa are betting big on VPNs and other cybersecurity tech. WndrCo has $1.7 billion in net asset value and is looking for companies that can change the world. The company has acquired or invested in VPNs including Super Unlimited, a top app on Apple's App Store. Like everyone else in the global workforce, Jeffrey Katzenberg and Sujay Jaswa, his investing partner at venture firm WndrCo, use Zoom to connect. WndrCo made several other VPN acquisitions, ultimately merging them into a single cybersecurity venture called Aura, in which WndrCo is a significant stakeholder.
Katzenberg, a co-founder of DreamWorks and former chairman of Walt Disney Studios, founded another high-profile media venture, Quibi, in 2018. Jeffrey Katzenberg: Our areas of focus when we started were software as a service, best-in-class digital technology, and consumer technology. And then we recognized that digital media wasn't actually going to be successful for us, or frankly for anybody else. What's your outlook at the moment for traditional media companies, big tech, and streaming? What's the right sequencing, what's the right windowing, where's the greatest value creation coming for all parties involved — that's the testing that's going on.
Parafin, launched in 2020, works with so-called platform partners, or companies that other small businesses sell their products through. All the cofounders knew was that they wanted to build technology that would help small businesses. And they may not get their first contract payment from the government for as long as 120 days," Reed, the startup's CEO, told Insider. Helping small businesses manage their taxesComplYant's founder Shiloh Jackson wants to help people be present in their bookkeeping. HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.
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