HOLLYWOOD'S TOP DONORS FREAK OUT AFTER BIDEN'S DEBATE: IF HE DOESN'T DROP OUT, WE'RE NOT GIVING ANY MORE MONEY TO DEMOCRATS'
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https://variety.com/2024/biz/news/hollywood-democrats-panic-biden-debate-1236056752/
Top donors from the media and entertainment business are panicking about President Joe Biden's performance after he stumbled through a 90-minute debate against former President Donald Trump that was watched by some 48 million people on Thursday.
"With all the text chains I'm on, people are basically like, 'If he doesn't drop out, we're not giving any more money to Democrats or the Democratic Party,'" says one high-profile Hollywood donor.
Despite the alarming media coverage, other Hollywood donors have taken a less dramatic position, with one calling Biden's CNN debate showing "concerning" but vowing to remain in his corner.
Regardless, Biden needs a unified and enthusiastic Hollywood behind him, given that some Silicon Valley donors already have begun migrating to Trump in recent months. Some of the donors who are ready to break with Biden expressed enthusiasm for the idea of Gov.
Gretchen Whitmer (Michigan), Gov. Gavin Newsom (California) or even the return of Hillary Clinton at the top of the ticket. Of course, it won't be up to them to decide who might be the standard-bearer since Biden's fate remains in his own hands and replacing the president as the nominee comes with its own challenges.