With the Eli Broad Museum set to open across the street from MOCA sometime next fall, the high-profile collector and patron has announced his intentions to withdraw his annual contribution of $3 million to MOCA, effectively stepping back from his longtime role as the museum’s leading supporter. Â Even so, Broad has expressed excitement about the potentials for his museum and its effects on MOCA, noting that it will increase the draw of art lovers to the area. Â “They’re excited about it. They know that we’re going to be a great attraction, we’re going to spend time and energy and marketing getting attendance, and they’re going to be the beneficiary of all that,” he said.Read more at LA Times
