Jeffrey Katzenberg, CEO of DreamWorks Animation, is planning to hold a major Hollywood fundraising event to benefit President Barack Obama’s re-election campaign.
Sources told Variety that the Katzenberg-hosted fundraiser will take place in Spring 2012.
The event location, according to The Hollywood Reporter, will be at Katzenberg’s home in the Trousdale Estates, a Hollywood celebrity and media mogul enclave.
Obama, who was just in Los Angeles in February for fundraiser at the home of Colleen and Bradley Bell, is expected to attend the upcoming Katzenberg event, which will primarily focus on seeking campaign contributions from Southern California gay and lesbian donors.
Katzenberg's political adviser, Andy Spahn, indicated that the final date and location is yet to be determined. The event is expected to draw a large contingent of celebrities and entertainment industry figures.
Katzenberg, a highly successful film producer, co-founded DreamWorks SKG with Steven Spielberg and David Geffen. He is also one of the Obama campaign’s top bundlers and is the top donor of the pro-Obama Super PAC, Priorities USA Action, having given a $2 million contribution to the campaign entity.
Since 1979, Katzenberg has reportedly donated more than $3.5 million in political contributions, with 33 percent of his grants going to Democratic Party candidates and 66 percent to liberal special interest groups.
He has given less than 1 percent of his campaign contributions to Republican candidates.
© 2014 Newsmax. All rights reserved.