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Architecture & Engineering

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November 16, 2020

Film museum reaches $388M goal

LOS ANGELES (AP) — It took 8 years and 13,000 donors including the likes of Barbra Streisand and Steven Spielberg, but the Academy Museum of Motion Pictures has reached and exceeded its pre-fundraising goal. Academy Museum director and president Bill Kramer said Friday that the new museum has raised $388 million.

A donation from the LAIKA, the film company behind “Coraline,” helped push the campaign over the finish line, adding to the contributions of many Hollywood studios, private individuals and companies. The largest single contribution came from Haim and Cheryl Saban, who gave $50 million.

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