Showing posts with label dubai. Show all posts
Showing posts with label dubai. Show all posts

Monday, March 12, 2007

The Louvre Dubai

As previously noted, the Louvre is planning to sponsor a museum in Dubai. The prospect of this has the art world in an uproar. Critics of the idea say that it's completely a monetary decision.

"The Louvre is selling the use of its name to Abu Dhabi for $520 million. The building will cost a mere $108 million to build, but to slap the Louvre name on it, Abu Dhabi will have to part with more than half a billion dollars!

Is a name really worth that much? I can understand a cola maker wanting to use the Coke name or a shoe maker wanting to use the Nike name, but how does a museum justify paying $520 million to use the Louvre name?"

Full Story from ArtNewsBlog.com