"A move which further blurs the boundaries between auction houses and dealers"

The Art Newspaper reports that Phillips de Pury will be representing photographer Annie Leibovitz. Phillips already represents the estates of photographers Helmut Newton and Guy Bourdin, but this is the first time it will represent a living artist. According to the article, Phillips "would not disclose what commission it will take ..., although it is unlikely to vary dramatically from the usual contemporary gallery level of around 50%."