Wednesday, February 21, 2007

Corporate Support for the Arts - New York Times

Corporate Support for the Arts - New York Times: "When the Altria Group announced in the fall that it was planning to spin off its Kraft Foods division, Wall Street cheered. But among cultural institutions, the response was considerably less upbeat: as part of the restructuring, Altria, formerly Philip Morris, is phasing out its significant support for the arts, which has funneled $210 million to cultural groups over the last four decades."

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