R
Ranger 9
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...here's a New York Times article that provides an interesting angle. [Reading the NYT Online article may require a free membership signup; can't remember for sure.]
Apparently Leibovitz has taken some hits in the real estate market, and to help cover the costs she has, among other things, hocked the rights to all her current and future work. Or as the article says, "one of the world’s most successful photographers essentially pawned every snap of the shutter she had made or will make until the loans are paid off." (It also notes that Leibovitz says her finances are fine and the loan is just to consolidate some mortgages.)
Personally, I think that if Leibovitz is sweating a bit financially, it couldn't be happening to a more deserving person. But the larger point: she can hardly be the only celebritographer in the same boat, and as the article notes, artists and art collectors increasingly are looking at every one of their assets as a potential source of revenue. I would assume this also means we'll be seeing more big art/photography names doing celebrity endorsements, appearing in ads, etc., etc... you read it here first...
Apparently Leibovitz has taken some hits in the real estate market, and to help cover the costs she has, among other things, hocked the rights to all her current and future work. Or as the article says, "one of the world’s most successful photographers essentially pawned every snap of the shutter she had made or will make until the loans are paid off." (It also notes that Leibovitz says her finances are fine and the loan is just to consolidate some mortgages.)
Personally, I think that if Leibovitz is sweating a bit financially, it couldn't be happening to a more deserving person. But the larger point: she can hardly be the only celebritographer in the same boat, and as the article notes, artists and art collectors increasingly are looking at every one of their assets as a potential source of revenue. I would assume this also means we'll be seeing more big art/photography names doing celebrity endorsements, appearing in ads, etc., etc... you read it here first...