Annie Leibovitz has had financial troubles recently. And by "recently," I mean that you can either click here for yesterday's post or just scroll down to learn that she owes $24 million to Art Capitol Group (a company that issues loans against fine and decorative arts and real estate). Her deadline is today, and she put up "her three Greenwich Village homes and her entire collection of work as collateral," according to the New York Times.
See how bad things are for Annie Leibovitz?
Well, they just got worse.
Leibovitz is being sued by Italian photographer and cool-name-haver Paolo Pizzetti. He says that Leibovitz used photographs that he took in April 2008 for her involvement in an advertising campaign for Lavazza Coffee. He is, of course, not only looking for the court order to stop the use of his photographs but also looking for monetary damages.
I'm speechless. I really am. It's not like Annie Leibovitz was always in the news for purchasing radical and inane things or spending her money like a crazy person. Also, judging from her career over the last three decades, she appears to be quite intelligent.
I don't know. I'm just going to let the Brisbane Times take it away:
How a photographer who commands annual fees from the Conde Nast magazine group in the region of $2 million and can earn $100,000 a day for advertising work reached this position has become the subject of intense conjecture among New York's art and fashion communities. As The New York Times asked: ''If Annie Leibovitz can't make it in New York, who can?''
[Photo Credit] - The picture belongs to John Keatley. I chose his work because I can cite the copyright. By the end of today, I can't cite Annie Leibovitz as a copyright and Art Capitol Group just sounds cold.
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