Posted on 07/14/2014 8:22:20 AM PDT by Academiadotorg
The sales of Hillary Clinton’s new book, Hard Choices, which wasn’t selling all that well to begin with, have fallen off a cliff, saddling her publisher with huge losses.
According to Nielsen BookScan, which tracks sales at over 80 percent of the book vendors in the U.S., Hard Choices sold just 28,000 copies in its third week, which is down from 48,000 the previous week and 85,000 when it first became available for sale. Add in estimated e-book sales of 20,000, and the total sales figure comes to just 181,000.
While the sales are an embarrassment for Clinton, they’re disastrous for Simon and Schuster, which was so confident they had another sure-fire hit on their hands that they gave Clinton a $14 million advance. That means, based on hardcover sales, the publisher has paid Clinton almost $87 per book sold, which is almost two and a half times the $35 cover price of the book. By comparison, Hillary’s first book, Living History, sold over 1.15 million copies overall, meaning that she was paid roughly $7 per book, based on her $8 million advance for that title.
Not only is Simon and Schuster facing losses of over $10 million on the book, but with one million copies shipped they are bracing for a massive flood of returns from bookstores—books that they will have to dispose of somehow.
Adding insult to injury, Hard Choices was knocked from the No. 1 spot on the New York Times best-seller list this week by the anti-Clinton book Blood Feud by Edward Klein. It’s even worse on Amazon, where Hard Choices has fallen to 119th compared to 13th for Blood Feud.
(Excerpt) Read more at aim.org ...
Goodbye....would be POTUS Hillary Clinton....Hello, Grandmother Clinton!!!
I will be emailing the CEO.
Richard A. Galanti
Chief Financial Officer, Executive Vice President and Director
rgalanti@costco.com
(425) 313-8100
Secondary contact
W. Craig Jelinek
President, Chief Operating Officer and Director
cjelinek@costco.com
(425) 313-8100
Chief executive(*)
James D. Sinegal
Co-Founder, Chief Executive Officer and Director
jsinegal@costco.com
(425) 313-8100
A repeat scene from the great movie, “Trading Places”!!! Ralph Bellamy and Don Ameche live again, within Hillary Clinton!!!
She's loathed by half the country and barely tolerated by the other half.
Smoke signals on the horizon speak of a squaw rising in the east.
“If they ‘advanced’ her $14M on predicted sales and they never materialize, she owes them the prorated difference.”
I’m happy to assume, if you know about these things, that you may know lots more than I about the customs & practices of the book publishing industry. That would be easy, I know largely nothing about it, though again, I would assume they are not in business to lose money.
But if you think S&S is going to ask for their money back and even more incredulously HRC is gonna give it back, I shall be here, giggling, and not holding my breath!
Hillary won’t owe SS anything. Advance on royalties is paid regardless of whether or not the book sells. She won’t get any royalties on the book because it won’t earn back the advance but the $14 million will be hers. She’s probably already received half of it, although ti can vary how the installments of the advance are paid.
Her Heinous is SO 90’s.
Excellent comment!
"Going Rogue: An American Life is a personal and political memoir of Sarah Palin, the former governor of Alaska and 2008 Republican candidate for U.S. Vice President. The book became a New York Times #1 bestseller in its first week of release, and remained there for six weeks. It is one of four recent political memoirs to sell more than two million copies..."
http://en.wikipedia.org/wiki/Going_Rogue:_An_American_Life
Gee... MORE than 2 million copies versus... But Sarah's "irrelevant", remember... /s
“books that they will have to dispose of somehow”
Surely Hil would have insisted the books be printed on bio-degradable paper, so that they can be buried in the forest and the goddess Gaia will return them to the earth.
Barring that, how about the world’s largest weenie/marshmallow roast?
I realize that. But to me, there is a difference between ‘paid’ and ‘advanced’.
This picture of shrillery in bums dress is as good as the pictures of the _resident on the bike and the one with him fumbling to get the umbrella through the gate.
“I have an idea! Why not get The Unions to “Buy” this piece of CRAP?”
You are being facetious, I know, but this is exactly the kind of thing Repub operatives should introduce into pop culture. Dems would do this. Imagine an R-sourced tweet campaign or other kind of odd-sourced message to buy Hillary’s book “coz she’s broke and we need her to be our next president so women can get contraceptives!”
It would be a very subtle Alinsky tactic. And it wouldn’t get people talking about Hillary; it would get them talking about her goofy book.
In all the hoopla about this book, I don’t recall anything about ‘royalties’. What I’ve heard “paid”, “got”, “advanced.”
Additionally, I find it difficult to believe a reputable book publisher would pay an irrevocable ‘advance’ without some stipulation that sales must be commensurate. It goes against all business sense.
one wonders how many women’s studies professors will require it as a text...
Absolutely true, and good point.
But, since we are not privy to the actual contract and the reporting cannot be relied upon in terms of accuracy, the default condition here is that S&S wrote a big fat check to take a bet they’re not going to collect on. EVEN IF the black letter of the contract was an “advance against” that had to be paid back w/sales. That will never happen.
American by Dinesh D’Souza is NUMBER ONE on Amazon.com! Take that, Hitlery!
Yes....you give your money to a grifter, you’ll never see it again - no matter what kind of paper you have on them.
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