Celeb photographer Annie Leibovitz’s $24M loan repayment due; risks losing copyright to images

Photographer Annie Leibovitz’s loan repayment due

NEW YORK — Celebrity photographer Annie Leibovitz risks losing the copyright to her images — and her entire life’s work — if she doesn’t pay back a $24 million loan that is now due.

The photographer must repay Art Capital Group on Tuesday.

The New York company sued Leibovitz in July, claiming she breached an agreement that authorized the lender to act as the agent in the sale of her photography and real estate.

Leibovitz spokesman Matthew Hiltzik said last week the photographer was working to resolve the situation.

Art Capital spokesman Montieth (Mahn-TEETH’) Illingworth says the company has “clear contractual rights and will protect them in any scenario.” He added “Our preference is for this to be resolved.”

Leibovitz’s portraits of celebrities regularly grace the covers of Vanity Fair and Vogue.