An 1950s Jackson Pollock painting is bribed by the Museum of Modern Art in Rio de Janeiro (MAM) to secure its future for the next three decades. This is a common practice in European museums, but it is unprecedented in Brazil.
The abstract image No. 16, which was donated to MAM by Nelson Rockefeller in 1954, counts for $ 25 million in 1948.
The Brazilian Public Administration Museum (IBRAM) was surprised by the news of the sale and asked MAM to stop selling and seek alternative solutions. The Brazilian Ministry of Culture, on the other hand, welcomed the decision of MAM, which is why this museum will be less exposed to crises and sponsorships.