LA's world-class Museum of Contemporary Art is still in financial trouble, and LA County's Museum of Art has offered a $100 million merger. Such a deal would be a bargain for LACMA, but could MOCA maintain its independence? Will Eli Broad — with his own museum across the street from MOCA and a seat on both MOCA and LACMA boards — exercise veto power? Will collaboration with Washington's National Gallery make a difference? Also, will the right-wing billionaire Koch brothers buy the Los Angeles Times? On our rebroadcast of today's To the Point, student aid and college failure. Is there a need for reform?
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The Tribune Company, which owns the Los Angeles Times, is up for sale, and rumors are flying — the latest possible buyers being the billionaire Koch brothers, who've been spending big money on right-wing political causes. Hillel Aron broke the story for the LA Weekly.
The art world is all abuzz over the latest offer to help the Museum of Contemporary Art, with its world-class collection of works created since 1945. Five years ago, MOCA was bailed out by local billionaire Eli Broad, but it's still in more than one kind of trouble, and LACMA, LA County's Museum of Art has proposed a merger.