A prominent paparazzi agency has declared bankruptcy while embroiled in a legal battle over Meghan Markle’s privacy. The recent high-profile interview with Oprah revealed the struggles faced by the Duke and Duchess of Sussex during their time as working royals, highlighting the lack of support from the Palace and the relentless scrutiny from the British media. This ongoing saga has now taken a turn, as Splash News & Picture Agency has filed for Chapter 11, citing the pandemic and their legal issues with Markle as key contributing factors.
Splash News has defaulted on a nearly $1 million loan, seeking refuge in a Nevada bankruptcy court. The agency’s financial woes stem not only from the impact of COVID-19, which has limited opportunities to capture celebrity images, but also from their tendency to litigate against celebrities for sharing copyrighted photos of themselves. This paradoxical approach to privacy has raised eyebrows.
According to Splash president Emma Curzon, the agency is struggling due to reduced budgets in media companies and the costs associated with ongoing litigation, including the case with Markle. This case involves allegations of capturing images during a “private family outing” in Canada. While a settlement was reportedly reached last December, the matter is still unresolved, presenting significant financial risks for the agency.
Curzon noted that if Markle’s side were to win, it could result in hefty attorney fees for Splash. The ongoing turmoil for the Sussexes, coupled with the agency’s financial misfortunes, seems to signal a karmic twist in their battle with the paparazzi.
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In summary, the financial collapse of Splash News amid its legal entanglements with Meghan Markle marks a notable shift in the ongoing battle between celebrities and paparazzi. As the Sussexes navigate their challenges, this situation serves as a reminder of the complexities involved in privacy rights and media scrutiny.
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