Annie Leibovitz keeps photo rights in debt deal

Agreement with private equity owners of Michael Jackson's Neverland ranch will pay off celebrity photographer's previous $15m loanTop photographer Annie Leibovitz has struck a deal with a private equity firm that will solve the financial crisis that threatened her with bankruptcy last year.Under the agreement, Los Angeles-based Colony Capital will become Leibovitz's sole creditor. Colony will provide Leibovitz with a loan to pay off her previous borrowings, and work with her on future projects.C...

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