MUSIC INDUSTRY: Annie Leibovitz Salvages Her Portfolio

If you have any ideas for how famous pictures of famous people might be exploited to earn a bundle, give a holler to Santa Monica real estate investment giant Colony Capital LLC, which now has some $24-million worth of reasons to convert Annie Leibovitz's body of photographic work into cash. The story behind this development, which, apart from the borrower's identity is more in the realm of high finance than arts news, has to do with a deeply indebted Leibovitz having previously put up her ca...

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