If all these points are agreeable and in addition to your March 1, 1982, letter comprise our “letter of understanding” between us, please sign two copies of this and return them to me and your rates for work undertaken on the 20-25 covers for the next year will be $2500 fee per cover, $3200 for each cover with one significant inside shot, and standard rates for additional shots.
I am the boss,
(Signed, ‘Jann Wenner’)
Jann S. Wenner
Editor & Publisher
Letters of Note posted a really great exchange between famed photographer Annie Leibovitz and Rolling Stone co-founder and publisher Jan Wenner regarding Leibovitz’s contract with the magazine in 1982. (Thanks to Jon C. for sending!)