bankruptcy

Annie Leibovitz to keep iconic portfolio

Annie Leibovitz To Keep Iconic Portfolio

A private equity firm took over the debt Leibovitz owed the loan organization that fronted her $24 million in exchange for signing over the rights to all her past, current, and future work.

So, she’s still under the thumbs of money men but these money men are helping her market her work and no doubt have a piece of the action as well as the debt.

This is no doubt a common story in the art, music, and performance world, it’s just that the scale is bigger here.