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Jeffrey Katzenberg

Also Known As Katzenberg

Chief Executive Officer of DreamWorks Animation

Jeffrey Katzenberg's profile picture

Jeffrey Katzenberg is a CEO of DreamWorks Animation, Inc.(DWA)

where he oversaw the production of such animated franchises as Shrek, Madagascar, Kung Fu Panda, and How to Train Your Dragon. He has since founded a new media and technology company called WndrCo and was the founder of Quibi, a defunct short-form mobile video platform.

Katzenberg has also been involved in politics. With his active support of Hillary Clinton and Barack Obama, he was called "one of Hollywood's premier political kingmakers and one of the Democratic Party's top national fund-raisers".

In 2004, DreamWorks Animation (DWA) was spun off from DreamWorks as a separate company headed by Katzenberg in an IPO and has recorded mostly profitable quarters since then.

The live-action DreamWorks movie studio was sold to Viacom in December 2005. In 2008, the live-action DreamWorks studio again became an independent production company, releasing its films through Disney.

In 2006, Katzenberg made an appearance on the fifth season of The Apprentice. He awarded the task winners an opportunity to be character voices in Over the Hedge.

Katzenberg has been an industry leader in promoting digital 3D production of film, calling it "the greatest advance in the film industry since the arrival of color in the 1930s." When Katzenberg appeared on The Colbert Report on April 20, 2010, he confirmed that from now on "every single movie" that DreamWorks Animation produced would be in 3D and gave Stephen Colbert a pair of new 3D glasses.

It was reported that Katzenberg receives an airfare allowance of $1.5 million per year, which was the most of all media-company CEOs.

Following NBCUniversal's acquisition of DreamWorks Animation in 2016 for $3.8 billion, Katzenberg left his position of CEO at DWA and has been named chairman of DreamWorks New Media, consisting of DWA's interests in AwesomenessTV and Nova. However, he stepped down from his DreamWorks career for unknown reasons.

Early Life

Katzenberg was born on December 21, 1950, in New York City, to a Jewish family, the son of Anne, an artist, and Walter Katzenberg, a stockbroker. He attended the Ethical Culture Fieldston School, graduating in 1969. When he was 14, Katzenberg volunteered to work on John Lindsay's successful New York mayoral campaign. He quickly received the nickname "Squirt" and attended as many meetings as he could. He went on to attend New York University for one year, before dropping out to work full-time as an advance man for Lindsay

Katzenberg married Marilyn Siegel, a kindergarten teacher, in 1975. They have twin children, Laura and David, born in 1983.[51] David is a television producer and director.

Katzenberg and his wife have been highly active in charitable causes. They donated the multimillion-dollar Katzenberg Center to Boston University's College of General Studies, citing that the school gave their two children the "love of education."[54] They also donated the Marilyn and Jeffrey Katzenberg Center for Animation at the University of Southern California.

In addition to serving as Chairman of the Board for the Motion Picture and Television Fund Foundation, Katzenberg sits on the boards or serves as a trustee of AIDS Project Los Angeles, American Museum of the Moving Image, California Institute of the Arts, Cedars-Sinai Medical Center, Geffen Playhouse, Michael J. Fox Foundation for Parkinson's Research, University of Southern California School of Cinematic Arts and The Simon Wiesenthal Center. Together with DreamWorks Animation, Katzenberg founded the DreamWorks Animation Academy of Inner-City Arts in 2008. In recognition of his efforts, Katzenberg received the 85th Jean Hersholt Humanitarian Award at the 2012 American Academy of Motion Picture Arts and Sciences Governors Awards Presentation[55] on December 1 at The Ray Dolby Ballroom at Hollywood & Highland Center.

Katzenberg has an estimated worth of US$900 million (2016) and is reported to have donated over $3.5 million in political contributions since 1979: 33% ($1.171+ million) to Democrats, 66% ($2.33+ million) to special interest groups without party affiliations, and less than 1% ($7,000) to Republicans.

Education

  • Graduated - Ethical Culture Fieldston School

Career

  • DreamWorks Animation - CEO

Other Activites

Katzenberg is a longtime supporter of Barack Obama. Reportedly "smitten" by Obama's speech at the 2004 Democratic National Convention, Katzenberg pledged his full support to Obama in 2006 if he decided to run for president. During his campaign, Obama praised Katzenberg for his "tenacious support and advocacy since we started back in 2007."

Katzenberg has been an avid fund-raiser for Obama, doing so while much of Hollywood was still supporting the Clintons. His fund-raising prowess has reportedly allowed him to become an "informal liaison" between Hollywood and the White House. Katzenberg co-hosted a fund-raiser for President Obama at the home of actor George Clooney in May 2012. Katzenberg said that the event raised almost $15 million, which would make it the most profitable presidential fund-raiser in history. It was reported that Obama campaign officials were not happy about some of the requests that Katzenberg had made. In particular, they were bothered that Katzenberg, who reportedly had made himself "indispensable to Obama", required that the President spend time talking at each of the 14 tables.

When the details of Oriental DreamWorks emerged, Jennifer Rubin noted that the Obama Administration's potential involvement in the deal would not be an issue if not for Katzenberg's May fund-raiser for Obama and his "huge campaign donations." It was reported that Katzenberg was Obama's top "bundler", who, along with Andy Spahn, had collected at least $6.6 million in combined donations for both of Obama's campaigns. In an MSNBC interview about the donations, Nicholas Confessore noted Katzenberg's desire to build movie studios in China, saying that he would need help from the Obama administration to get this done and that "[e]veryone has interests at stake." Bill Allison of the Sunlight Foundation suggested that Katzenberg's long history of financial support for Obama may have influenced the movie deal being "fast-track[ed]" by the White House, noting that DreamWorks Animation "never registered to lobby the federal government."

It was reported that Obama arrived in Los Angeles on October 7, 2012, where he joined Bill Clinton at Katzenberg's Beverly Hills home for a private meeting with several deep-pocketed Democratic donors. Obama's campaign indicated the meeting was to thank supporters, but some members of the campaign finance committee said that it involved the pro-Obama PAC Priorities USA Action. Members of the White House press corps who had traveled to California with Obama were kept in the garage of Katzenberg's mansion and one reporter called the meeting "unusual". Katzenberg, who had previously donated $2 million to the pro-Obama PAC Priorities USA Action, donated an additional $1 million in October 2012. He donated $1 million to the Super PAC Priorities USA, which supported Hillary Clinton in the 2016 presidential race. In October 2016, he hosted a $100,000-per-person fund-raiser at his Beverly Hills residence with President Barack Obama as the main attraction.

In 2018, following the Stoneman Douglas High School shooting, Katzenberg pledged $500,000 to the March for Our Lives gun-control demonstration.

In 2023, Katzenberg was named as one of the national co-chairs of Joe Biden's 2024 campaign for reelection as president.

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