Getting your player ready...
LOS ANGELES — Trustees of the financially troubled Museum of Contemporary Art have accepted a bailout from billionaire Eli Broad worth as much as $30 million and accepted the resignation of the museum’s longtime director, the board said Tuesday.
The Eli and Edythe Broad Foundation promised to match donations to the museum’s endowment up to $15 million and to give $15 million over five years toward exhibitions, the trustees said in a statement.
