(Reuters) — New York’s Lincoln Center for the Performing Arts will rename its Avery Fisher Hall for music mogul David Geffen, who has made a $100 million gift to help with its renovation, officials said on Wednesday. Large-scale renovation of the concert hall, home to the New York Philharmonic, is due to begin in 2019…
A group that includes billionaire media executive David Geffen, television icon Oprah Winfrey and Oracle Chief Executive Officer Larry Ellison bid more than $1.5 billion for the Los Angeles Clippers professional basketball team, according to a person familiar with the bid. The bid was one of several for the franchise. Geffen’s group also includes Guggenheim…
Talk show host turned entertainment mogul Oprah Winfrey is in talks with billionaire media executive David Geffen and Oracle Corp CEO Larry Ellison to make a bid to buy the Los Angeles Clippers should the team become available, her spokeswoman said on Wednesday. The statement from Winfrey came a day after the National Basketball Association…
Billionaire media executive David Geffen is interested in buying the Los Angeles Clippers basketball team, according to a person with knowledge of Geffen’s thinking, following a decision by National Basketball Association commissioner Adam Silver to ban Clipper owner Donald Sterling for life. Silver said he would urge other NBA team owners to force Sterling to…
When DreamWorks Animation CEO Jeffrey Katzenberg was 21, he handled the finances for John Lindsay’s New York City mayoral campaign. Literally, that meant carrying a briefcase full of thousands of dollars around the city and paying expenses as they arose. Katzenberg is reprising his role as a campaign moneyman this year, albeit on a somewhat…
In 2008, billionaire media mogul David Geffen was among Barack Obama’s most visible Hollywood supporters. A top-level fundraiser for the Obama campaign, Geffen hosted major Hollywood events and launched a tide-turning media attack against primary opponent Hillary Clinton. In 2012, he’s all but absent from the political landscape. Sure, Geffen has given the maximum allowable…
Forbes released its annual list of 400 richest Americans on Wednesday and Jews took 30 of the top 100 spots (thanks Gawker, for doing the demographic breakdown for us). The price of admission onto the 29th Rich List was a staggering $1 billion, and, not surprisingly — as far as minorities go, at least —…
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