DIA

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Detroit City Council has reaffirmed its approval to move artwork threatened by the city's bankruptcy into a charitable trust. 

The Detroit Institute of Arts
Michael Barera / Wikimedia Commons

General Motors, Ford and Chrysler are stepping into Detroit's bankruptcy picture by pledging $26 million to help support retiree pensions while keeping the city's art treasures off the auction block.

The Detroit Institute of Arts, Gov. Rick Snyder and representatives from the automakers announced the donation Monday at the art museum.

Brian Fisher / Flickr

CINETOPIA -- The Best Films From the World’s Best Film Festivals -- June 4-8, Detroit/Ann Arbor

More Screens, More Films!

Lead in text: 

Some bankruptcy experts said that it now appears increasingly unlikely that creditors will be able to get their hands on the city-owned art collection at the Detroit Institute of Arts.

Snyder announces plan to shield DIA assets from Detroit bankruptcy

By Rick Pluta

Governor Rick Snyder has proposed committing up to $350 million to help mitigate cuts to Detroit pension benefits – as well as keep assets of the Detroit Institute of Arts off the auction block.

The state’s offer would play out over 20 years and would match money raised from private donations to make sure DIA paintings, sculptures, and other works of art don’t get sold off to pay pension benefits that are central to the bankruptcy negotiations.

The Michigan Theater

Michigan Theater Executive Director Russ Collins paid his weekly visit with David Fair for this week's installment of Cinema Chat, and began the conversation discussing the return of one of the University of Michigan's most successful exports to Hollywood.

The 2nd annual Cinetopia Film Festival kicked off in Ann Arbor Thursday night and will run right through the weekend. With so much to cover, a second installment of Cinema Chat this week seemed appropriate and needed! In this bonus edition, WEMU's David Fair is joined by Michigan Theater Executive Director Russ Collins and Michigan Theater Program Director Amanda Bynum. Additionally, there is a special appearance by Richmond Arquette! Richmond is the co-star of the film, "This is Martin Bonner."  The film will be shown twice at Cinetopia, the first of which is 9:30 tonight.