Netflix, Bloomberg Philanthropies Make New Gifts to Academy Museum

Academy Museum - Publicity - P 2017
Courtesy of The Academy Museum

With the addition of a gift from the Charles V. Roven Family Foundation and the Spiegel Family Foundation, the fundraising campaign has topped $300 million.

The Academy Museum of Motion Pictures on Thursday announced three major gifts toward the creation of the proposed institution. The new donations bring the fundraising campaign's total to more than $300 million, nearly 80 percent of its $388 million goal, the Academy said. The announcement comes in the wake of the Sept. 27 news of the $50 million gift from Cheryl and Haim Saban.

“We’re enormously grateful to Bloomberg Philanthropies, Netflix, the Charles V. Roven Family Foundation and the Thomas Spiegel Family Foundation for their generous support, and are thrilled to welcome them to a growing community of extraordinary donors who share our vision and are helping us build an Academy Museum as dynamic and vibrant as the art it celebrates,” Walt Disney Company CEO Bob Iger, who chairs the campaign, said in a statement.

Bloomberg Philanthropies provided funding for the development of the museum's wide-ranging digital engagement platforms through its Bloomberg Connects program, a global initiative that helps cultural institutions innovate and engage audiences by inspiring a deeper understanding, appreciation, and enjoyment of films. The museum's digital platforms will provide on-site visitor experiences while also providing digital access to a global audience. 

"The Academy Museum is going to be the permanent home for the art of film in its storied past, amazing present and fast-evolving future. Film has always been at the forefront of technology, which is why it’s so important for us to have the digital platform that Bloomberg Philanthropies’ support is allowing us to create," said Kerry Brougher, director of the Academy Museum of Motion Pictures. "For visitors to the Academy Museum, the creativity and innovation of the museum’s digital engagement will provide a unique experience only the Academy can offer.”

Netflix, the Charles V. Roven Family Foundation and the Thomas Spiegel Family Foundation also made contributions to name spaces within the Academy Museum’s Saban Building, designed by Renzo Piano Building Workshop. Spaces named in recognition of these gifts are: the Netflix Gallery Terrace on the second floor, and the Charles V. Roven Family Foundation and the Thomas Spiegel Family Foundation Terrace on the fifth floor.

NBCUniversal vice chairman Ron Meyer, the newly named chair of the museum's board of trustees, commented, "We are fortunate to have the support of our new donors. They understand our aim of enlightening the public as no other museum can about the art, science and history of the world's motion pictures."

The Academy Museum, located on the northeast corner of Wilshire Boulevard and Fairfax Avenue in Los Angeles, is slated to open in 2019.