Today's Evil Beet Gossip

DreamWorks co-founder Jeffrey Katzenberg sells Utah cabin for $11.6 million

On a scenic Utah mountain, the 14,100-square-foot home of movie magnate Jeffrey Katzenberg has sold for $11.6 million.

The longtime Disney executive, who co-founded DreamWorks SKG in 1994, first listed the property seven years ago for $20.5 million, records show.

Set on 1.57 acres, the tree-filled retreat enjoys views of Deer Valley and nearby ski runs. Generous use of wood and stone make for a lodge-vibe interior, which was handled by Naomi Leff. She also designed Ralph Lauren’s Double RL Ranch in Colorado.