Leibovitz's archives are worth $50m

Author:

Olivier Laurent

As a lawsuit against Getty Images has been accepted by the New York State Supreme Court, information about the value of Annie Leibovitz's work has been released in the court fillings, writes PDNOnline in this insightful article. According to both parties - Getty Images and Art Capital, with which Leibovitz has a $24m loan - the archive is worth more than $50m.

"This past spring, Getty entered discussions with ACG about buying the archive. Talks abruptly ended after Getty allegedly offered $15 million for the archive that ACG valued at more than $50 million."

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