Wednesday, January 6, 2010

Leibovitz Portfolio : $3.5 million

Annie Leibovitz Tries to Regain Financial Footing by selling limited editions and weighing book deals in an effort to regain control of her homes and the copyrights to her work.

Since then Ms. Leibovitz has been trying to leverage her photographic archive to pay off the debt. Through James Danziger, a gallery owner who had represented Ms. Leibovitz from 1990 to 2000, she has begun selling a limited-edition “Master Set” of 157 of her photographs.
Only 10 sets are planned, and they are being offered for up to $3.5 million a set, although the prepublication price is lower, said Mr. Danziger in a phone interview from Miami. He was showing samples at the Art Basel Miami Beach fair last weekend, including well-known photographs of Queen Elizabeth and Cindy Crawford. The set includes images of Sontag, of Ms. Leibovitz’s children, and of landscapes. Some of the prepublication sets were (already) being offered for $2.5 million.

My take on this?  Pass.

[via NYT]