Monday, May 27, 2024

Katie Holmes Trades One Cult for Another in Ray Dalio-Backed Spike Lee Film


Has Katie Holmes traded one cult for another? A year away from Scientology and she’s making a movie — filming but officially unannounced– directed by and financed by people who are devoted donors to Transcendental Meditation. And not only that, there’s a connection to sometime Scientologist Jennifer Lopez.

Everyone’s going to yell at me for calling Transcendental Meditation a cult. But it’s masses of people chanting, backed by millions and millions of dollars. And now Katie Holmes is starring in a film financed by the most ardent financier of TM, Ray Dalio, of Bridgewater Associates. His son Paul is directing the film. I’ve written about “Mania Days” before–Spike Lee is executive producer, for unknown reasons. And now Katie is in the film although no announcement that I know of has ever been made. She’s playing a depressed poet who hooks up with a depressed rapper.

“Mania Days” is an indie film, I guess, if you don’t count the director’s father running a hedge fund that invests hundreds of billions of dollars. Ray Dalio is also a big supporter of Jennifer Lopez’s 501 c 3 formerly called the Maribel Foundation but now known as the Lopez Family Foundation. Dalio’s given them $775,000 in the last three years. He’s been her major donor. Lopez is connected to Scientology through her father and through Tom Cruise. Katie was married to Tom Cruise. Is there a connection? Hmmmm….

Roger Friedman
Roger Friedman
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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