Short answer, yes!

From ABC News:

Movie moguls Steven Spielberg, David Geffen and Jeffrey Katzenberg want their Hollywood peers to join them at a Feb. 20 fundraiser the three are throwing for Obama.

For $2,300 a person and $4600 a couple, they can meet the candidate at a reception at the Beverly Hilton Hotel, from 5:30 to 7:30 p.m. Those who commit to raising $46,000 (10 couples/20 tickets) for the evening will be invited to a private dinner at Geffen’s Malibu, Calif., home.

The fundraiser represents a major slap for Obama’s main competitor, Sen. Hillary Clinton, who has received financial support from all three moguls in the past. Their company, Dreamworks SKG, has contributed $47,000 to Clinton since her 2000 New York Senate campaign.

Spielberg alone has contributed $11,000 to Clinton since that campaign, and his political consultant, Andy Spahn, emphasized that Spielberg and Geffen have not yet officially endorsed Obama. “Mr. Katzenberg is endorsing Sen. Obama’s candidacy,” he said. “Mr. Spielberg is co-hosting the event but has not made any endorsements as of yet.”

Hillary is a little too hawkish for the left coast socialist scene, Obama is their man!

For years she’s been the darling of the left but today Obama is slipping into the position. His staunch liberalism and solid opposition to the war is getting him in good the anti-Bush crowd. To them, Hillary practically is George Bush since she doesn’t (on the surface) appear to support an immediate withdrawal from Iraq. Plus, it wouldn’t suprise me if deep down in places they don’t talk about parties, they think Hillary can’t win. They think Obama has a better, if not the best, chance to beat any leading Republican.

Just ask yourself, who would Michael Moore endorse? My guess, not Hillary at least while she’s not the actual nominee.