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Jeffrey Katzenberg

Jeffrey Katzenberg (born December 21, 1950) is an American businessman, film


Jeffrey Katzenberg
studio executive and film producer.

He became well known for his tenure as chairman ofWalt Disney Studios from 1984
to 1994, during which the studio reinvigorated its live-action and animation
divisions, as well as producing some of its biggest hits, including The Little
Mermaid (1989), Beauty and the Beast (1991), Aladdin (1992), and The Lion King
(1994). After departing Disney, he was a co-founder and CEO of DreamWorks
Animation, where he oversaw the production of such animated franchises as Shrek,
Madagascar, Kung Fu Panda, Monsters vs. Aliens and How to Train Your Dragon.
He has since founded a new media and technology company called WndrCo.

Katzenberg in December 2012.


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 Born December 21, 1950
kingmakers and one of theDemocratic Party's top national fundraisers."[2] New York City, U.S.
Residence Beverly Hills,
California, U.S.
Nationality American
Contents Alma mater Ethical Culture
Early life Fieldston School
Professional career Occupation Founding Partner of
Paramount Pictures
WndrCo LLC.
The Walt Disney Studios
Former CEO of
DreamWorks SKG
DreamWorks Animation
DreamWorks
WndrCo Animation.

Political activities Years active 1979present


SEC investigation Notable work The Little Mermaid,
SOPA/PIPA Beauty and the
Special awards Beast, Aladdin, The
Personal life
Lion King, Shrek,
Madagascar, Kung
References
Fu Panda, Monsters
External links
vs. Aliens, How to
Train Your Dragon
Net worth $957 million
Early life (2013)[1]
Katzenberg was born in New York City, to a Jewish family, the son of Anne, an Political Democratic
artist, and Walter Katzenberg, a stockbroker.[3] He attended the Ethical Culture party
Fieldston School, graduating in 1969. When he was 14, Katzenberg volunteered to
Spouse(s) Marilyn Siegel
work on Republican John Lindsay's successful New York mayoral campaign. He
(m. 1975)
quickly received the nickname "Squirt" and attended as many meetings as he
could.[4] Children 2
Signature
Professional career

Paramount Pictures
Katzenberg began his career as an assistant to producer David Picker, then in 1974 he became an assistant to Barry Diller, the
Chairman of Paramount Pictures. Diller moved Katzenberg to the marketing department, followed by other assignments within the
studio, until he was assigned to revive the Star Trek franchise, which resulted in Star Trek: The Motion Picture (1979). He continued
to work his way up and became president of production under Paramount's president,
Michael Eisner.

The Walt Disney Studios


In 1984, Michael Eisner became Chief Executive Officer (CEO) at The Walt Disney Company. Eisner brought Katzenberg with him
to take charge of Disneys motion picture division. Katzenberg was responsible for reviving the studio which, at the time, ranked last
at the box office among the major studios. He focused the studio on the production of adult-oriented comedies through its Touchstone
Pictures banner, including films such as Down and Out in Beverly Hills (1986), Three Men and a Baby (1987) and Good Morning,
Vietnam (1987). By 1987, Disney had become the number-one studio at the box office.[5] Katzenberg also oversaw Touchstone
Television, which produced such hit TV series asThe Golden Girls and Home Improvement.

Katzenberg was also charged with turning around Disney's ailingFeature Animation unit, creating some intrastudio controversy when
he personally edited twelve minutes out of a completed Disney animated feature,
The Black Cauldron (1985), shortly after joining the
company.[6] Under his management, the animation department eventually began creating some of Disney's most critically acclaimed
and highest grossing animated features. These films include Who Framed Roger Rabbit (1988), The Little Mermaid (1989), Beauty
and the Beast (1991)which was the first animated feature to be nominated for an Academy Award for Best Picture[5]Aladdin
(1992), and The Lion King (1994). In addition, Katzenberg also sealed the deal that created the highly successful partnership between
Pixar and Disney and the deal that broughtMiramax Films into Disney.

Concerns arose internally at Disney, particularly from Roy E. Disney, about Katzenberg taking too much credit for the success of
Disney's early 1990s releases.[5][7] In 1993, Katzenberg had lobbied to become Eisner's second in command, which would have
meant moving Frank Wells from president to vice chairman, to which Eisner 'replied that Wells would feel "hurt" in that scenario and
then, according to Katzenberg, assured him, "If for any reason Frank is not here you are the number-two person and I want you to
have the job."'[8] After Wells died in a helicopter crash in 1994, Eisner assumed Well's duties instead of promoting Katzenberg to the
vacated position of president.[9] Eisner recalled that "Roy E. Disney [Walt Disney's nephew and a force on Disney's board who Eisner
says "could be a troublemaker"], who did not like him at all I forget the reason, but Jeffrey probably did not treat him the way that
Roy would have wanted to be treated said to me, 'If you make him the president, I will start a proxy fight.'"[10] Disney board
member Stanley Gold said 'Katzenberg had been brought low by "his ego and almost pathological need to be important."'[11]
Tensions between Katzenberg, Eisner and Disney resulted in Katzenberg being forced to resign from the company that October.
Katzenberg launched a lawsuit against Disney to recover money he felt he was owed and settled out of court for an estimated $250
million.[12]

DreamWorks SKG
Later in 1994, Katzenberg co-founded DreamWorks SKG with Steven Spielberg and David Geffen, with Katzenberg taking primary
responsibility for animation operations. He was also credited as executive producer on the DreamWorks animated films The Prince of
Egypt (1998), The Road to El Dorado and Joseph: King of Dreams (both in 2000), Shrek in 2001, Spirit: Stallion of the Cimarron in
2002, and Shrek 2 in 2004.

After DreamWorks Animation suffered a $125 million loss on the traditionally animated Sinbad: Legend of the Seven Seas
(2003),[13] Katzenberg believed that telling traditional stories using traditional animation is a thing of the past, and the studio
switched to all computer-generated animation.[14] Since then, DreamWorks' animated feature films have been consistently successful
financially and critically with severalAnnie Awards and Academy Awards nominations and wins.
DreamWorks Animation
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.[15][16][17]
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 inOver 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 at the 34th
Annie Awards 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.[18]

It was reported that Katzenberg receives an airfare allowance of $1.5 million per year, which was the most of all media-company
CEOs.[19]

Following NBCUniversal's acquisition of DreamWorks Animation in 2016, 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.[20][21] However, he
stepped down from this post shortly after.

WndrCo
In January 2017, reports surfaced that he had raised nearly $600 million from investors for a new venture called WndrCo, which will
invest in new media and technology companies. Katzenberg wants to grow WndrCo into a company similar to IAC, founded by his
former mentor, Barry Diller.[22]

Katzenberg says WndrCo aims to reinvent TV formobile devices.[23]

Political activities
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.[24] During his
campaign, Obama praised Katzenberg for his "tenacious support and advocacy since
we started back in 2007."[25]

Katzenberg has been an avid fundraiser for Obama, doing so while much of
Hollywood was still supporting the Clintons. His fundraising prowess has reportedly
allowed him to become an "informal liaison" between Hollywood and the White
House.[24] Katzenberg co-hosted a fundraiser for President Obama at the home of United States president Barack
actor George Clooney in May 2012. Katzenberg said that the event raised almost Obama presenting to Katzenberg the
2013 National Medal of Arts
$15 million, which would make it the most profitable presidential fundraiser in
history.[26] 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
[24]
"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 Post the Obama Administration's potential
involvement in the deal would not be an issue if not for Katzenberg's May fundraiser for Obama and his huge campaign
donations.[27] It was reported that Katzenberg was Obamas top bundler, who, along with Andy Spahn, had contributed at least $6.6
million combined for both of Obama's campaigns.[28] 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."[29] 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
[30]
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".[31] Katzenberg, who had previously donated $2 million to the pro-Obama
PAC Priorities USA Action, donated an additional $1 million in October 2012.[32] He donated $1 million to the Super PAC Priorities
USA, which supports Hillary Clinton in the 2016 presidential race.[33] In June 2016, the Democratic National Committee cyber
attacks allege that Katzenberg donated $3 million to the Hillary Clinton campaign, though this information has not been verified.[34]
In October 2016, he hosted a $100,000-per-person fundraiser at his Beverly Hills residence with President Barack Obama as the main
attraction.[35]

SEC investigation
The Securities and Exchange Commission launched an investigation in April 2012 into accusations that Katzenberg had bribed
Chinese officials in an effort to obtain distribution rights, asJoe Biden was negotiating a deal to increase film quotas.[25][36]

SOPA/PIPA
Katzenberg took a leading role in pushing the Stop Online Piracy Act (SOPA); Hollywood reportedly saw piracy as "an existential
threat." When the White House announced its opposition to the bill in January 2012, Chris Dodd, the former Senator and head of the
Motion Picture Association of America, the film industry's lobbying organization, contacted Katzenberg to obtain more information
about the president's plans. When Dodd reportedly asked him to intervene, Katzenberg declined, but "sought to soothe hurt feelings
and lay the groundwork for a deal more friendly to Hollywood." Katzenberg's office contacted Obama and urged him to contact other
studio chiefs in order to reaffirm their support. Obama would take the advice, making Katzenberg one of the few Hollywood
executives working on brokering a compromise with Silicon aVlley.[24]

Special awards
The Academy of Motion Picture Arts and Sciences announced in September 2012, that the Jean Hersholt Humanitarian Award would
be presented to Katzenberg at the Oscar ceremony in 2013, in acknowledgment of his role in raising money for education, art and
.[37]
health-related causes, particularly those benefiting the motion picture industry

During the 2017 Cannes Film Festival, the jury awarded Katzenberg an honorary Palme d'Or, the festival's highest prize. Katzenberg
[38]
compared the distinction to the earlier Academy recognition.

Personal life
Katzenberg married Marilyn Siegel, a kindergarten teacher, in 1975. They have twin children, Laura and David.[39] David is a
television producer and director.[40][41]
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."[42]
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 Marilyn and Jeffrey Katzenberg in
Foundation for Parkinsons Research, University of Southern California School of 2010.
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 2013 American
Academy of Motion Picture Arts and Sciences Governors Awards Presentation[43] on December 1 at The Ray Dolby Ballroom at
Hollywood & Highland Center.[44]

Katzenberg has an estimated worth of $800 million according to Forbes. Katzenberg 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) toRepublicans.[45]

He was awarded an honorary doctorate fromRingling College of Art and Designon May 2, 2008.[46]

References
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atimes.com/2013/aug/07/entertainment/la-et-ct-obama-katzenberg-20130807) . Los Angeles Times. Retrieved
October 30, 2013. "Katzenberg, who has a net worth of $957 million, according to the Los Angeles Business Journal,
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"
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Retrieved Nov 15, 2009.

External links
Jeffrey Katzenberg on IMDb

Retrieved from "https://en.wikipedia.org/w/index.php?title=Jef


frey_Katzenberg&oldid=815656400"

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