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March 25, 2008

McCain's Big Night

John McCain receives Nancy Reagan's endorsement at her Bel-Air home tonight.

Not too far away, he'll also be raising money at the home of his national finance co-chair, Jerry Perenchio, the founder of Univision and prolific GOP donor and fund-raiser.

Perenchio and his wife, Margie, live in the estate that was featured in the TV series "Beverly Hillbillies," a sprawling expanse barely visible from the street. He's a famously media shy mogul, known for parlaying bold investments in entertainment and sports into wildly profitable enterprises. (He was a former partner of Bud Yorkin and Norman Lear in their sitcom production company).

Oddly enough, Perenchio sold Univision in 2006 to a consortium led by Haim Saban, who is one of Hillary Clinton's campaign co-chairs.

Perenchio has stuck with McCain even during his campaign's dark days last year, but there is one oddity about their relationship. As the Washington Post noted last year, Perenchio was just the kind of "soft money" and 527 donor that McCain targeted in campaign finance reform.

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About

Wilshire & Washington highlights the enduring relationship between entertainment and politics. More than a mere curiosity, the intersection of these worlds play out daily in fund raising, celebrity causes, show business lobbying and creative expression. Variety managing editor Ted Johnson provides the daily dose with contributions from reporters in L.A. and D.C.

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