“Early last year, the Hollywood mogul Jeffrey Katzenberg sat for lunch with Rick Caruso, a billionaire mall tycoon who was preparing his run for Los Angeles mayor,” Politico reports.
“Katzenberg told Caruso he understood why he was running. He made clear his support for Congresswoman Karen Bass in the race.”
“And then came the warning: If Caruso took the high road, Katzenberg said that he would, too. But, ‘If you take the low road,’ a person familiar with the conversation recounted, ‘I’m going lower.'”
“The threat was a quintessential demonstration of political power from Katzenberg — one of the country’s premier Democratic donors, and for decades a kingmaker for aspiring politicians. But it also illustrates the nuance with which the former Walt Disney Studios chairman and DreamWorks co-founder was now using his influence.”
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