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November 17
1969 - Construction begins on Magic Mountain amusement park [story]


Kerry Brougher, director of the Academy Museum of Motion Pictures, today announced three major gifts toward the creation of this institution, bringing fundraising to more than $300 million, nearly 80 percent of its $388 million campaign goal.

When it opens in 2019, the Academy Museum will be the world’s premier film museum – located in Los Angeles, the acknowledged moviemaking capital of the world.

Bob Iger, CEO of the Walt Disney Company and Chair of the Campaign for the Academy Museum, said, “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.”

Bloomberg Philanthropies has provided generous 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.

Designed to enhance the on-site visitor experience and provide access for an off-site global audience, the digital platforms will enable the Academy Museum to inspire a deeper understanding, appreciation, and enjoyment of motion pictures.

“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,” Brougher said. “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. 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.”

Academy Museum artist rendering

Artist’s rendering of Academy museum.

Netflix, the Charles V. Roven Family Foundation and the Thomas Spiegel Family Foundation have contributed gifts 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.

Ron Meyer, Vice Chairman of NBC Universal and Chair of the newly established Board of Trustees of the Academy Museum, said, “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.”

These philanthropists join other leadership donors who have named spaces including: Cheryl and Haim Saban (The Saban Building), The David Geffen Foundation (The David Geffen Theater), Dalian Wanda Group (Wanda Gallery), Dolby Laboratories/Family of Ray Dolby (The Dolby Family Terrace), The Walt Disney Company (The Walt Disney Company Piazza), Marilyn and Jeffrey Katzenberg (The Marilyn and Jeffrey Katzenberg Gallery) and Steven Spielberg (The Spielberg Family Gallery).

About the Academy Museum of Motion Pictures
Designed by Pritzker Prize-winning architect Renzo Piano, the Academy Museum will restore and revitalize the historic Saban Building at the corner of Wilshire Boulevard and Fairfax Avenue. The Academy Museum will feature six floors of exhibition spaces, a movie theater, education areas, special event spaces, conservation areas, and a café and store. A new spherical addition will connect to the Saban Building with glass bridges and will feature a state-of-the-art 1,000-seat theater and a rooftop terrace.

The Academy is currently raising $388 million to support the building, exhibitions, and programs of the Academy Museum. The campaign was launched in 2012, headed by chair Bob Iger and co-chairs Annette Bening and Tom Hanks.

About Bloomberg Philanthropies
Bloomberg Philanthropies works in more than 120 countries around the world to ensure better, longer lives for the greatest number of people. The organization focuses on five key areas for creating lasting change: Arts, Education, Environment, Government Innovation and Public Health. Bloomberg Philanthropies encompasses all of Michael R. Bloomberg’s charitable activities, including his foundation and his personal giving. In 2016, Bloomberg Philanthropies distributed over half a billion dollars. For more information, please visit bloomberg.org or follow us on Facebook, Instagram, Snapchat and Twitter @BloombergDotOrg.

About Netflix
Netflix is the world’s leading internet entertainment service with over 109 million members in over 190 countries enjoying more than 125 million hours of TV shows and movies per day, including original series, documentaries and feature films. Members can watch as much as they want, anytime, anywhere, on nearly any Internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

About the Charles V. Roven Family Foundation and the Thomas Spiegel Family Foundation
Charles V. Roven is a film producer and the president and co-founder of Atlas Entertainment. Most recently, Roven and his company Atlas Entertainment produced the critically acclaimed worldwide box office hit Wonder Woman. The veteran producer’s past feature film productions include David O. Russell’s American Hustle, which was nominated for 10 Academy Awards including Best Picture and won 3 Golden Globes including Best Motion Picture – Musical or Comedy, Christopher Nolan’s The Dark Knight Trilogy, David O. Russell’s Three Kings, Brad Silberling’s City of Angels, and Terry Gilliam’s Twelve Monkeys, among many others.

Thomas Spiegel is the chairman and CEO of Linq3 and is based in Las Vegas, NV.

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