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September 8, 2009 | in:
Annie Lebovitz could lose rights to her images
In a story reported by msn.com, Annie Lebovitz will lose the copyright to ALL of her images past, present and future if she can’t cough up 24 million on a loan that is coming due…today.
Annie Lebovitz’ images have graced countless pages of Vogue and Vanity Fair for decades. She is one of today’s most celebrated photographers, with an estimated net worth (including real estate and portfolio) of about $80 mill.
Apparently she got in to some financial troubles with mortgages and other types of debt, and took out a loan to help pay it off using real estate and the copyright to her images as collateral.
To read more about the numbers involved, click here: http://entertainment.msn.com/news/article.aspx?news=430034>1=28101
Let’s hope Annie can work out a deal!
Marisa Swanson