ENI, an Italian firm, is one of the world’s largest petroleum companies. Its turnover in 2008 totaled 108 billion euros resulting in profits of 8.8 billion. ENI, thus has money, lots of it, which it uses at times as an arts patron. Thus the Louvre received aid for its exhibitions on Mantegna and the one currently showing under the pyramid, Titian, Tintoretto, Veronese. Rivalry in Venice. Both exhibitions were extremely successful. It will also finance a retrospective highlighting Raphael’s last years in 2012.
The Louvre is still offering great deals. If you are a millionaire and would like to organize an exhibition, this is definitely the place to come: ask for a couple of masterpieces and it will see you get them on condition you pay the right price. It seems that only the Mona Lisa is not for rent. At least officially. But you can have any other Leonardo you want.
American museums have practiced deaccessioning for a long time. In the case of private establishments, this can be justified, although it may present a certain number of risks, among them that of selling today a work that will be direly missed tomorrow. In most European countries, objects in museums or other public institutions are considered “inalienable” and thus cannot be sold. Yet this excellent principle is now being threatened in France. Once more, after the leasing of the Louvre’s (...)