Televisa closes Mexico City musuem

Cost-cutting drive claims latest victim

MIAMI — Mexico City’s top art museum is the latest victim in Televisa’s ongoing, drastic cost-cutting drive.

The Centro Cultural/Arte Contemporaneo shut its doors this week, as Televisa plans to sell the large, box-like building located in the ritzy Polanco neighborhood where property values are sky-high.

The museum had been in jeopardy for a year, after its chairwoman, the wife of late Televisa topper Emilio Azcarraga Milmo, quit the institution complaining of budgetary cutbacks.

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