Despite Dropping SOPA, President Obama Raises $4 Million in Hollywood | One of the big questions in the wake of President Obama’s refusal to support the Stop Online Piracy Act was whether his unwillingness to get on board with a big priority for the entertainment industry’s Democratic donors would hamper his reelection fundraising. The answer so far seems to be no. In a two-day fundraising trip to Southern California that, according to The Hollywood Reporter was designed “not only to raise money but also give Obama an opportunity to network with leaders from other sectors and industries in Los Angeles,” Obama raised $4 million that will be shared between his campaign and the Democratic National Committee. Perhaps the SOPA debate will cause problems for the members of Congress who abandoned the bill. But for now, it seems some of the entertainment industry’s biggest donors will continue to open their wallets for Obama himself.