Things are bad when you let Lawrence Schiller into your life. Just ask O.J. Simpson. Now Annie Leibovitz has Schiller hanging around, lending a hand marketing her “master set” of prints. The New York Times‘s Allen Salkin explains:

Through James Danziger, a gallery owner who had represented Ms. Leibovitz from 1990 to 2000, she has begun selling a limited-edition “Master Set” of 157 of her photographs. Only 10 sets are planned, and they are being offered for up to $3.5 million a set, although the prepublication price is lower, said Mr. Danziger in a phone interview from Miami. […] Lawrence Schiller, a writer, publisher and television producer who helped produce Ms. Leibovitz’s first book of photography in 1974, is also helping to market the master sets. He said three had already been sold. Mr. Schiller would not reveal what buyers paid, but said some of the prepublication sets were being offered for $2.5 million. Mr. Schiller said he had been helping Ms. Leibovitz take stock of her archives to determine how to use it to pay her debts, but in a measured fashion that would not suggest desperation.

Worse than having Schiller involved is the financial advice Leibovitz is receiving. The resolution of her deadline with Art Capital seems to have come at great cost by adding more debt to the already substantial pile:Continue Reading