Word: deal
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...part of this transformation, Loyrette and his chief administrator, Didier Selles, have trademarked the Louvre name and cut a deal with labor unions to end the strikes that used to shut the place down for a couple of weeks every year. Most controversially, Loyrette has also invited contemporary artists to exhibit at the Louvre and even decorate it - provoking howls of protests from French detractors...
Fumaroli's association isn't the only one to be concerned about that. The Abu Dhabi deal alone will bring the Louvre $900 million - $600 million for the right to use the Louvre name for 30 years, and the rest for services that include lending up to 300 works. (The total deal amounts to $1.3 billion; some other French museums participating in the government-backed project will share the rest of the proceeds.) When the deal was struck last year, an Internet petition declaring "our museums are not for sale" quickly drew several thousand signatures, including those of well-known...
...predecessor, Pierre Rosenberg, in the 1990s, when the government changed the Louvre's official status and gave it some limited autonomy. Loyrette and Selles have taken that opening and gone further, wresting management of the museum's finances and staff from government bureaucrats and, in exchange, signing a deal with the Culture Ministry that commits it to meet certain performance targets. In the past, the Louvre didn't even get the receipts of its ticket sales - instead, the money was put in a pot and divided up among all French museums. "We used to live in an absurd system...
...also built out the tiny three-man fund-raising department that Rosenberg set up in the late '90s into a full-time operation with 19 staffers. And the Louvre is about to launch a U.S.-style endowment fund - the first in France - using the money from the Abu Dhabi deal to ensure it can finance a bevy of ambitious projects in the future, including one that would revamp the entrance under the pyramid to make it easier for visitors to access the museum and get their bearings...
...doing that means showing, in his words and interactions overseas, that he is no pushover. "We would like to demonstrate in this trip his comfort and his capacity to deal with the serious challenges that face this country - that he's comfortable and he's sure-footed, and he knows what he is doing," says one of Obama's foreign policy advisers...