Obama Looks to Hollywood to Raise Millions for Re-Election

President Barack Obama will be tapping into Hollywood money in his first California fundraising trip since anti-piracy legislation backed by the film industry was scuttled in Congress.

Over the next three days Obama is seeking to raise more than $8 million for his re-election, the bulk of it coming from six fundraisers in Los Angeles, San Francisco and Corona Del Mar, California, including one event co-hosted by comedian Will Ferrell. He also plans to raise money in Washington state.