Posted on 02/28/2017 4:10:04 PM PST by drewh
Barack and Michelle Obama have whipped the literary world into a frenzy with the news that the former president and first lady are getting to work on new books, and looking for a publisher. Multiple people with knowledge of the joint publishing deal currently on the table for global rights to both memoirs tell the Financial Times that bidding has already surpassed $60million in what is described as the 'most hotly anticipated deal of the year.' And that amount could grow as there are no shortage of interested publishing houses, with Simon & Schuster, Macmillan, Harper Collins and Penguin Random House said to be interested in the deal. It is Penguin however who appears to have the slight edge, having published Barack's three previous titles.
There is no release date for either of the memoirs, but news of who will be securing the rights could come as early as Tuesday evening. That would mean the Obamas 'yuuuuge' deal might be announced just as President Trump prepares to address a joint session of Congress for the first time in office. There is also a chance however that it could take weeks to finalize the deal. No matter how long it takes however, no book deal has ever come close to paying an author this much money, with the closest example being the the $150million James Patterson reportedly received from Hachette in 2009 as part of a 17-book deal. That breaks down to a little less than $10million a book, as opposed to he $30million Barack and Michelle each stand to make in their deal.
(Excerpt) Read more at dailymail.co.uk ...
Money laundering for favors???
Wonder what the publisher’s bio is going to say about Obambi this time.
And Bill Ayers will be quite busy for the next year.
What’s Ayer’s cut?
Grifters
Eric the Holder said Idi Amin Obama was going to take up community agitating again. Where is he going to find the time to write a “book”?
My, my, Bill Ayers is sure going to be busy.
I wrote a book which is being published by a midwest university press this fall. It took over 10 years of research and writing. I got no advance from the publisher because my name doesn’t mean squat!
Moochie aint EVER goin back to work with the peasants...
OH GOODY! The black/mulatto remake of Victor Victoria!/S
Very suspicious transaction. No way they’ll sell more than a few thousand books, so the sellers are washing a lot of money.
Im sure the world is awaiting the tale of a grifter who hates america, their moody kids and her gay muslim boyfriends rise to power!
It’s true, there is a sucker born every minute.
What a way to sneak money to them!
Where is the required Mega Barf Alert?
Michelle is torn. She has to chose between Maxine Waters and Cynthia McKinney to be her Ghost Writer. “Maybe I’ll hire them both! One for my past triumphs, the other for my future targets, I mean challenges.”
“T-Girl In The White House”?
No kidding...no one would actually buy such crap.
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