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Troubled LA Museum Wins $30M Bailout

MoCA warms to Eli Broad amid reports that director has resigned

By Jason Farago, Newser Staff

Posted Dec 19, 2008 7:27 AM CST

(Newser) – LA's troubled Museum of Contemporary Art is moving toward a bailout deal with Eli Broad, reports the Los Angeles Times. The billionaire real estate investor and art collector offered MoCA a $30 million donation contingent on improved performance, which board members favored over a merger... Read full story »

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art museum • contemporary art • Eli Broad • art • museum • Los Angeles • Los Angeles County Museum of Art • bailout • Museum of Contemporary Art, Los Angeles

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Troubled LA Museum Wins $30M Bailout

MoCA warms to Eli Broad amid reports that director has resigned

art museum • contemporary art • Eli Broad • art • museum • Los Angeles • Los Angeles County Museum of Art • bailout • Museum of Contemporary Art, Los Angeles

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