Museums Group Condemns Art-Renting Practices

“The Italian branch of the International Council of Museums (ICOM) has just produced a paper denouncing the practice of charging money to lend a work. This is not about wide-ranging projects such as the Louvre Abu Dhabi, where the Gulf state is paying e1bn over 30 years into an endowment fund for French museums not just to lend works of art but effectively create a whole museum culture.”