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Although Obama has won the favor of much of Silicon Valley by striking down SOPA for now, downstate in the Hollywood Hills, executives are furious that the president has put his foot down on the legislation, potentially allowing for the sharing and pirating of films to continue endlessly.
In Los Angeles, execs are fearful of the consequences and are revoking their support. For Obama’s re-election campaign, that could be one big dent in his 2012 fundraising efforts out west.
Among those that are at the top of the donor list are DreamWorks CEO Jeffrey Katzenerg, who personally has raised more than $500,000 for Obama’s re-election so far and has contributed $2 million to a super PAC with similar viewpoints.
the total amount of money handed over to the Democrats on the list of supporters of the act from special interests favoring SOPA amounts to more than $7 million. Anti-SOPA lobbyists, in comparison, have only contributed $807,502 to those very same Democrats.
“God knows how much money we’ve given to Obama and the Democrats and yet they’re not supporting our interests,” another anonymous Hollywood insider tells Deadline. “There’s been no greater supporters of him than we’ve been from the first day and the first fundraisers continuing until he was elected. We all were pleased. And, at its heart institutionally, Hollywood supports the Democrats. Now we need the administration to support us. This is a very important time for Hollywood.”
“We just feel very let down by the administration and Obama for not supporting us,” one anonymous movie exec tells the Hollywood-geared website Deadline.
Another executive, who is identified only as a well known movie mogul and a supporter of the administration until now adds, “At least let him remain neutral and not go against it until we can get the legislation right. But Obama went against it. I’m personally not going to support him anymore and not give a dime anymore.”
Originally posted by Iamonlyhuman
Whoops!
This really is war folks! And, Obama and the Democrat Party is stuck squarely in the line of fire.