Category: Eli Broad

'60 Minutes' surveys art market with Eli Broad, Jeffrey Deitch

April 2, 2012 |  7:00 am

  Eli Broad

On Sunday, "60 Minutes" aired a segment surveying the current art-market boom, with Morley Safer reporting from Art Basel Miami Beach.  While the segment didn't offer much in the way of new news, especially for people who follow the contemporary art scene, it featured interviews with three key players of the L.A. art world -- Eli Broad, Jeffrey Deitch and Tim Blum.

Safer's report is a follow-up to his 1993 segment "Yes... but is it art?" The controversial piece questioned whether certain cutting-edge works qualified as art and landed Safer in hot water with some viewers who branded him a philistine.

Sunday's story attempted to examine why the art market has managed to outperform the S&P 500 and defy the current economic recession. Blum, who is the co-owner of the Blum & Poe gallery, described today's art market as the "wild west" and a "bizarre place to do business."

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America's 50 top philanthropists include 12 arts donors

February 6, 2012 |  3:00 am

Eli Broad in front of design of Broad Collection Allen J. Schaben photo

This post has been corrected. Please see note at bottom for details.

The most generous members of the 1% devoted more than 2% of their charitable giving last year to arts and culture, according to the Chronicle of Philanthropy, which issued Monday its annual ranking of America’s 50 most generous donors.

Reporters for the Chronicle found specific donations of at least $1 million to arts and cultural institutions by 12 of the 50, totaling $213.4 million.

The Philanthropy 50, as the Chronicle calls them, gave $10.4 billion in total charitable donations in 2011, more than three times the $3.3 billion they donated in 2010.

Just about all of that increase can be attributed to Margaret A. Cargill of La Jolla, who died in 2006, leaving a bequest to two foundations she had established, resulting in gifts that the Chronicle placed at $6 billion. Cargill, needless to say, was No. 1 in the rankings.

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Monster Mash: Eli Broad museum opening delayed in Michigan

January 19, 2012 |  7:55 am

Broad

Setback: The opening of Eli Broad's new contemporary art museum at Michigan State University has been delayed. (Chicago Tribune)

Monumental gift: A billionaire is donating a $7.5-million matching gift needed to start repairing cracks near the top of the Washington Monument from last year's East Coast earthquake. (Associated Press)

Scot-free: The trial of American antiquities dealer Robert Hecht has ended in Rome with judges ruling that the statute of limitations on his alleged crimes had expired. (New York Times)

Controversial: The Natural History Museum in London is being accused of helping to break international law by leading a research project involving an Israeli cosmetics company based in the occupied West Bank. (Independent)

They dreamed a dream: Cast members from the 1985 London production of "Les Misérables" will continue to receive royalties from their original cast recording of the musical. (Stage)

Garage sale: Saab, the bankrupt Swedish carmaker, is selling off the contents of its museum in Trollhättan. (Fox News)

Courting the youth demographic: The Smithsonian American Art Museum has announced details of its first major exhibit devoted to video games. (Associated Press)

Outspoken: David Hockney is criticizing the artistic establishment for ignoring figurative art. (BBC News)

Over the hump: The Broadway production of "The Mountaintop," starring Samuel L. Jackson and Angela Bassett, has recouped its investment. (Broadway World)

Starting over: The planned museum dedicated to the history of slavery is taking steps to reorganize and begin fundraising again. A judge has granted it 30 days to come up with a plan. (Washington Post)

High concept: Artist Francesco Vezzoli is planning a 24-hour pop-up museum in Paris. (Art Info)

Greasy: A 1,000-pound butter sculpture will be used to power a farm for three days. (National Geographic)

Called off: Employees at La Comédie-Française in Paris have voted to return to work after threatening to  strike over a pay dispute. (Stage)

Also in the L.A. Times: L.A. Opera will adopt a dynamic ticket-pricing policy starting in the 2012-13 season.

-- David Ng

Photo: Eli Broad, standing with David Smith's "Cubi XXVIII". Credit: Jay L. Clendenin / Los Angeles Times

Monster Mash: Broad Museum at MSU; World Trade Center site

December 9, 2011 |  7:50 am

A planned performing arts center to be designed by Frank Gehry for the former World Trade Center site in New York is in limbo

Appointment: The Broad Art Museum at Michigan State University has named its curator of contemporary art. (GalleristNY)

Uncertain future: A planned performing arts center to be designed by Frank Gehry for the former World Trade Center site in New York is in limbo as organizers await the creation of a board of directors. (Wall Street Journal)

Top secret: Coca-Cola is making its closely held formula part of a display at its corporate museum in Atlanta. But the formula itself will remain out of view. (Associated Press via the Atlanta Journal-Constitution)

Still struggling: The Detroit Symphony Orchestra has posted a $1.8-million deficit for 2011. (Detroit Free Press)

Monumental: The Art Institute of Chicago will project Andy Warhol's eight-hour "Empire" onto the Aon Building on Friday night. (Chicago Tribune)

Honored: Ralph Fiennes is to receive the Shakespeare Society Medal in New York. (Theatermania)

Popular: New York's New Museum is charging premium prices for admission to its Carsten Höller show. (WNYC)

Going under: A top venue operator for the Edinburgh Fringe Festival has gone bust. (The Stage UK)

Taking the high road: Playwright Tony Kushner has donated $100,000 to the City University of New York, even though the school blocked a decision to award him an honorary degree earlier this year. (Guardian)

Hard times: A town in China known for exporting stone carvings is suffering due to the European economic crisis. (Reuters)

Also in the L.A. Times: Playwright Lydia R. Diamond on race, class and Broadway's "Stick Fly."

-- David Ng

Photo: A view of the former World Trade Center site in New York. Credit: Carolyn Cole / Los Angeles Times

Live webcam tracks Broad museum construction

September 16, 2011 |  1:00 pm

Broad

Anyone who has driven along Grand Avenue in downtown Los Angeles in the past month has surely noticed the construction cranes rising over the former parking lot near the corner of 2nd Street. The site is the future location of Eli Broad's new contemporary art museum -- simply titled the Broad -- that is expected to be completed in 2013.

The Broad Foundation has set up a live online camera feed so that people can track the progress of the museum. The feed also provides high-definition images of the construction site updated every 15 minutes.

Crews are currently working on the parking garage for the museum and construction on the museum building itself is scheduled to start in 2012. Architecture firm Diller Scofidio + Renfro designed the museum.

The scheduled 2013 completion represents a bit of a delay from the previously announced late-2012 opening for the museum.

RELATED:

Animated fly-through of DS+R design for Broad building

The grand plan for the Broad museum

-- David Ng

Photo: The future site of the the Broad in downtown L.A. Credit: The Broad Foundation

Monster Mash: New director for Art Institute of Chicago

August 25, 2011 |  8:21 am

Aic

Internal hire: Douglas Druick, a 26-year veteran of the Art Institute of Chicago, has been named its director, replacing James Cuno, who left to head the Getty. (Chicago Tribune)

Big job: Egypt has named Mohamed Abdel Fattah as its new chief of antiquities, replacing Zahi Hawass. (New York Times)

Back in business: Museums of the Smithsonian have reopened following Tuesday's East Coast earthquake, but the Smithsonian castle remained closed. (Washington Post)

Encore? Seattle's financially strapped Intiman Theatre, which recently laid off its staff, is attempting to move forward with a new artistic plan for 2012. (Seattle Times)

Reaching out: The National Sept. 11 Memorial & Museum is launching a PSA campaign seeking donations, in collaboration with the Ad Council. (New York Daily News)

Vandalized: A statue by Damien Hirst being displayed on a balcony in England has been defaced with spray paint. (BBC News)

Putting it together: An update on the Broad Art Museum on Michigan State University's campus in East Lansing. (Lansing State Journal)

Discord: The Louisville Orchestra has canceled its September and October concerts because of its ongoing contract dispute with musicians. (Louisville Courier-Journal)

Stepping down: New York's Alvin Ailey American Dance Theater is losing Sylvia Waters, the artistic director of its second company, Ailey II, who served for nearly 40 years. (Wall Street Journal)

Hipster theater: The new "psycho-opera" by Yeah Yeah Yeahs frontwoman Karen O will be titled "Stop the Virgens." (Pitchfork)

Passing: June Wayne, a noted lithographer who occupied a prominent place in the California art scene for many years, has died at 93. (Los Angeles Times)

Also in the L.A. Times: Music critic Mark Swed reviews conductor Leonard Slatkin at the Hollywood Bowl.

-- David Ng

Photo: The Modern Wing at the Art Institute of Chicago. Credit: Zbigniew Bzdak / Chicago Tribune

Cy Twombly memorial show loaned to MOCA by the Broads

August 5, 2011 |  4:10 pm

Cy Twombly Untitled 2007 Broad Art Foundation
A month after Cy Twombly’s death, L.A.’s Museum of Contemporary Art is mounting a small, memorial exhibition of eight of his paintings, all loaned by Eli and Edythe Broad.

The show, “Cy Twombly Tribute: A Scattering of Blossoms & Other Things,”  opens Saturday at MOCA’s Grand Avenue museum and runs through Oct. 2. The works span his six-decade career. The exhibition takes its title from the painting pictured above.

Visitors can see a ninth Twombly painting, from MOCA’s own collection, hanging in a different gallery between works by Jasper Johns and Robert Rauschenberg.

Twombly, 83, died in Rome on July 5. The Broad Art Foundation owns 14 works by the artist (most viewable here), according to its website; foundation spokeswoman Karen Denne said Friday that most of the paintings being shown at MOCA were hanging in the Broads’ home.

The Los Angeles County Museum of Art has a single Twombly work in its collection, a gouache and crayon drawing, “Roman Notes #3,”  that’s on display in its Ahmanson building.

RELATED

Cy Twombly dies at 83; internationally renowned American artist

Visiting the Cy Twombly gallery in Houston in the week of his death

Twombly's End Game: MOCA retrospective shows his achievements

 -- Mike Boehm

Photo: Cy Twombly's "Untitled (from Blooming, A Scattering of Blossoms & Other Things)," 2007. Credit: The Broad Art Foundation, Santa Monica.

 

 

Monster Mash: Julie Taymor takes a bow at 'Spider-Man' premiere; bonds sold for new Broad museum

June 15, 2011 |  7:50 am

Taymor

All smiles: Despite having been ousted from the director's seat, Julie Taymor took a bow at the official opening of "Spider-Man: Turn Off the Dark" in New York on Tuesday. (Associated Press)

Big bucks: Eli Broad's new contemporary-art museum in downtown L.A. will sell $150 million worth of bonds to help get the project off the ground. (The Bond Buyer)

Generous: Art collectors Harry W. and Mary Margaret Anderson have made a big donation to Stanford University. (Los Angeles Times)

Making a statement: Anish Kapoor has canceled plans to present his sculptures at the National Museum of China in Beijing, in protest against the continuing detention of Ai Weiwei. (The Art Newspaper)

Still going: Actor James Franco's latest creative project is called The Museum of Non-Visible Art. (Salon)

Delayed: New York's Museum for African Art is postponing the opening of its new building from September to late 2012. (WNYC)

Out of this world: A look at New Mexico's International UFO Museum and Research Center. (Los Angeles Times)

Pay up: The National Building Museum in Washington said it will begin charging for exhibitions. (Washington Post)

New leader: Kevin O'Hare has been named the next director of the Royal Ballet. (The Guardian)

Also in the L.A. Times: Ninety years of moments at the Hollywood Bowl.

-- David Ng

Photo: The Edge, Bono and Julie Taymor greet the opening-night audience of "Spider-Man: Turn Off the Dark" in New York. Credit: Charles Sykes / Associated Press

Monster Mash: Endeavour sets L.A. landing for late 2012; Eli Broad appoints museum veteran

June 2, 2011 |  7:50 am

  Endeavour

Retirement: The space shuttle Endeavour is expected to arrive at its permanent home at the California Science Center in L.A. in the second half of 2012. (Los Angeles Times)

Appointment: Eli Broad's museum has named as second in command a veteran of San Diego museums. (Los Angeles Times)

New hyphenate: A play written by actor Jesse Eisenberg, nominated for an Oscar for his performance in "The Social Network," will be produced by Rattlestick Playwrights Theater as part of its 2011-12 season. (New York Times)

Honored: Britain's Royal Academy has bestowed titles to imprisoned Chinese artist Ai Weiwei and Danish artist Per Kirkeby. (Reuters)

Donation: The Louvre Museum in Paris is receiving a $3-million gift from the founder of EBay for the purpose of spotlighting Persian art. (Los Angeles Times)

Replacement: Philip William McKinley, the director hired to take over from Julie Taymor on Broadway's "Spider-Man," talks about his work on the musical. (Broadway World)

Really? A new stage musical based on the movie "Rocky" is in the works. (New York Times)

Reunited: One of China's best-known ancient paintings -- which was torn into two parts in the 17th century -- was shown in its entirety in Taiwan on Wednesday for the first time in more than 360 years. (Agence France-Presse)

Tourists: The 33 Chilean miners who survived after their mine collapsed last year recently visited the Acropolis Museum as part of a trip to Greece at the invitation of a local mining company. (Associated Press, via Washington Post)

Also in the L.A. Times: South Coast Repertory announces its lineup for the upcoming season; Anish Kapoor's "Ascension" falls flat in Venice.

-- David Ng

Photo: The Endeavour lands at Florida's Kennedy Space Center on June 1, 2011. Credit: Timothy A. Clary / AFP/Getty Images

Eli Broad's museum names veteran of San Diego museums -- and U.S. Marines -- as second-in-command

June 1, 2011 |  6:26 pm

HeathFoxBroadArtFoundation Heath Fox, a retired U.S. Marine Corps lieutenant colonel who made a second career helping to run art and photography museums in San Diego’s Balboa Park, was named Wednesday to serve as second-in-command at the Broad –- the downtown art museum that will house Eli Broad’s contemporary art collection and is expected to open in about two years.

As deputy director of operations, Fox, 57, will report to museum director Joanne Heyler. He begins June 27 and will spend the coming two years helping to devise the museum’s operating plan and management approaches. When the Broad opens, he’ll be responsible for planning and operations.

After retiring from the Marines in 1996 after 20 years of service, Fox became associate director of administration at the Museum of Photographic Arts from 1997 to 2001; he oversaw its $6-million expansion in 1999-2000, which increased the museum's size from 7,500 square feet to 31,000.

From 2001 to 2006, Fox was director of administration for the San Diego Museum of Art, serving as its acting director for a year following Don Bacigalupi’s resignation to lead the Toledo Art Museum. (Bacigalupi now works for somebody who could buy and sell Eli Broad three times over, by Forbes magazine’s reckoning: He’s executive director of the Crystal Bridges Museum of American Art, scheduled to open in November in Bentonville, Ark.,  as the personal project of Wal-Mart heiress Alice Walton, who’s said to be worth $21.2 billion. Crystal Bridges’ endowments now total $800 million.)

Fox moved from museums to academia in 2006, taking his current position as assistant dean of arts and humanities at UC San Diego, with a portfolio that includes strategic planning and administration. Fox earned an undergraduate degree in business finance from Virginia Tech, a master’s in museum studies from the University of Leicester in England, and pursued further studies at Harvard in non-degree programs for management professionals, as well as studying European art history at Sotheby’s Institute of Art in London.

In a statement announcing his hiring, Heyler cited Fox’s “breadth of experience and solid track record in arts administration.”

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