Former DreamWorks CEO Jeffrey Katzenberg under fire from Hollywood moguls for ‘agewashing’ Joe Biden while hosting fundraisers

Jeffrey Katzenberg was accused by his entertainment industry peers of misleading them by downplaying Biden’s age-related decline
PUBLISHED JUL 6, 2024
Jeffrey Katzenberg faced the wrath of Hollywood donors after the abysmal performance of Joe Biden at the presidential debate (Getty Images)
Jeffrey Katzenberg faced the wrath of Hollywood donors after the abysmal performance of Joe Biden at the presidential debate (Getty Images)

LOS ANGELES, CALIFORNIA: Democratic powerbrokers in Hollywood are at odds with each other over the reelection bid of President Joe Biden and his top Hollywood fundraiser Jeffrey Katzenberg was accused of "agewashing" him, reported The Daily Beast.

According to the publication, former DreamWorks CEO and co-founder of the ill-fated Quibi, Katzenberg finds himself at crossroads with studio bosses, agents, and billionaires as he had assumed the mantle of the incumbent’s fundraiser-in-chief.

Jeffrey Katzenberg's contribution to Joe Biden's campaign

Katzenberg is being accused by his entertainment industry peers of misleading them by downplaying Biden’s age-related decline.

Katzenberg compared Biden's political run with the enduring careers of Hollywood octogenarians like Harrison Ford and Mick Jagger, often stating about the President, "Age is his superpower."

He was behind hosting star-studded fundraisers for the presumptive Democratic nominee, with the guest list featuring big names such as George Clooney and Barbra Streisand. These were crucial in collecting millions for Team Biden ahead of the polls.

President Biden and Barack Obama appeared for funraiser hosted by George Clooney and Julia Roberts (joebiden/ Instagram)
President Biden and Barack Obama attended the fundraiser hosted by George Clooney and Julia Roberts (@joebiden/ Instagram)

When donors expressed anxiety over Biden’s rumored loss of attention, he would offer to put them in a room together to see for themselves.

However, it fell apart after Biden's abysmal performance against former President Trump in the first presidential debate on June 27, following which Katzenberg went uncharacteristically silent.

Hollywood moguls call out Jeffrey Katzenberg

The big shots of tinsel town are seemingly displeased with Katzenberg, as a source told the newsletter The Ankler, "Everyone in town is furious with him.”

Another donor told the Financial Times, "He had this famous quote for everybody, which was ‘I’m happy to put you in a room with him and you’ll see for yourself.’ But nobody did it.”

And a third told The Wrap, “Jeffrey lied about the whole Biden thing. The whole Biden inner circle lied… It’s such an act of hypocrisy.”

Some have used harsher words to call out the President and his advisers, such as Ari Emanuel, super-agent and CEO of Endeavour, who stated the morning after the presidential debate, "We are in f**k city. I’m pissed off at the founding fathers. They had the start date of 35 years old…and well, everybody died (back then), so they didn’t have to give the end date.”

According to the Hollywood Reporter, Emanuel blamed the incumbent's advisors for not being transparent with his health.

“He said he was going to run for one term, and he’s doing it to restore democracy. He then runs for a second term—that’s the first bit of malarkey, as he would say. He and his cohorts have told us that he’s (been) healthy for over a year,” he expressed doubtfully, adding that neither Biden nor Trump should be running “a 27 trillion-dollar company called the United States".

ROME, ITALY - OCTOBER 08: Reed Hastings attends the Netflix & Mediaset Partnership Announcement, Rome, 8th October 2019. (Photo by Ernesto S. Ruscio/Getty Images / Netflix)
Netflix co-founder Reed Hastings asked Joe Biden to step out of the presidential race to 'allow a vigorous Democratic leader to beat Trump' (Ernesto S Ruscio/Getty Images / Netflix)

Similar concerns were voiced by Netflix co-founder Reed Hastings, who after donating over $20 million to the Democratic Party over the past few years, shared with The New York Times, "Biden needs to step aside to allow a vigorous Democratic leader to beat Trump and keep us safe and prosperous.”

His views were echoed by Disney heir and documentarian Abigal Disney, who pointedly mentioned to CNBC, "We have an excellent VP."

MORE STORIES

Over the weekend, President Donald Trump’s campaign posted an AI video of him as a king, mocking nationwide 'No Kings' protests and sparking viral reactions
17 hours ago
On Tuesday, Senate Democrats blocked the GOP's eighth attempt to reopen the government
3 days ago
California already allows trans athletes to compete in school sports based on their gender identity
3 days ago
Pete Hegseth says 'Pentagon access is a privilege, not a right' as top outlets reject new media restrictions and risk losing credentials
4 days ago
Donald Trump said a very wealthy donor offered to personally cover troop pay if government shutdown funds fall short
4 days ago
The six people are from Argentina, Brazil, Germany, Mexico, Paraguay, and South Africa
4 days ago
President Donald Trump blamed Senate Majority Leader Chuck Schumer for the shutdown and confirmed ending several Democrat-backed federal programs
6 days ago
Donald Trump criticized Chuck Schumer over the shutdown and said he directed Pete Hegseth to use funds to ensure troops are paid on October 15
7 days ago
Several progressives who have long called for a ceasefire between Israel and Hamas have not yet commented on the agreement’s terms or timeline
Oct 10, 2025
Trump posted a scathing montage, accusing Democrats of shutting down the government to please their 'radical left' base
Oct 9, 2025