WALTER AMERIKA BLOGS : Annie's loan

07/09/2009

Annie's loan

Annie Leibovitz is a world famous photographer. Worked for Vanity Fair, Vogue and Rolling Stone. Made amazing pictures of the rich, famous and powerful. And needed money to buy the house of her complaining neighbour. Lots of money. So she went to The Art Capital Group and besides some houses she put up all hercopyrights, photographic negatives, contarct rights (existing or to be created in the future) as collateral.At an interest rate of something between 6 and 16 percent. And tomorrow is payback time.

The gentlemen of the Art Capital Group made a deal and they're sticking to it. Annie is an artist and had no idea what she gave away to these cultural sharks, is the reasoning you often read. But Annie must have know that she had an 'artist' lifestyle. Nevertheless, I hope they can work out some sort of settlement. Because it would be a shame if Leibovitz would decide to put her camera aside

07/09/2009 in Information | Permalink

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Walter's Profile

Walter is an independent creative advisor and entrepreneur. He shares his his insights and ideas on ‘creative information, inspiration and innovation’ with companies (new and existing) and organizations to create added value. Design thinking, brand building, future sketching are his working tools. He is the former chairman and chief creative officer of the FHV/BBDO Marketing Communication Group in Amsterdam and member of the BBDO European Board. He was also Chairman of the Dutch Art Directors Club and member of the Dutch EFFIE jury He now specializes in creativity and the creative industries as a whole and how this new and upcoming sector can contribute to social, cultural and economic growth Walter is also: Head of the Market Department of the Design Academy Eindhoven, chairman of the creative board of Creative Cities Amsterdam Area, chairman of Dutch Design in Development foundation, member of the advisory board of eu project Custom Fit and ambassador of the Dutch Design Awards