Hollywood film and television producer Jerry Perenchio has announced a major gift of works to LACMA, including works by Pablo Picasso, Fernand Leger and René Magritte, that totals upwards of $500 million in value.  “We live in a modern city and modernism has shaped our everyday life, and to tell the story of late 19th century art and the birth of modernism is an incredible thing for LACMA,†says LACMA Director Michael Govan.Read more at The Guardian
