With $50 million gift from Cheryl and Haim Saban, the Motion Picture Academy museum gets a major boost
LOS ANGELES - The Motion Picture Academy's long-awaited museum still isn't ready for its close-up - but it's about to take a big step in that direction.
On Wednesday morning, at a press event in Los Angeles, the Academy of Motion Picture Arts and Sciences is set to announce a $50-million gift from Cheryl and Haim Saban to the organization's long-planned film museum. It's the largest donation to the ambitious project to date and a major step toward the fulfillment of the academy's fundraising goals.
The donation from the Sabans brings the academy roughly three-quarters of the way toward the completion of its $388-million capital campaign for the museum, which has been beset by repeated construction delays and is now slated to open in 2019. In recognition of the Sabans' gift, the historic
