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How Did NY Gov. Andrew Cuomo Make $783,000 In Royalties From A Book That Sold Only 3,200 Copies?
IBT ^ | 04/19/17 | LYDIA O'NEAL

Posted on 04/23/2017 7:52:38 PM PDT by Leaning Right

Fox News Channel parent News Corporation may be wrapped up in the sexual harassment accusations surrounding host Bill O’Reilly, but the company is facing another long-running scandal involving what appear to be exuberant payments to a Democrat — payments that occurred even as News Corp. was lobbying the New York State executive branch, which Gov. Andrew Cuomo oversees.

(Excerpt) Read more at ibtimes.com ...


TOPICS: Crime/Corruption; Government; US: New York
KEYWORDS: cuomo; royalties
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That works out to a royalty payment of roughly $244 per book sold. By the way, the book is now selling on Amazon for $8.45.

Wow. News Corporation sure didn't get their money's worth here! On second thought, maybe they did.

1 posted on 04/23/2017 7:52:38 PM PDT by Leaning Right
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To: Leaning Right

Man, he bought 3200 copies?

How many doors does he have that he needs doorstops for?


2 posted on 04/23/2017 7:55:47 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: Leaning Right

Oh Boy, A Common Core word problem.

Part B. Did he make the minimum $15 per hour?

Part C. If not, whose fault is it?


3 posted on 04/23/2017 7:56:23 PM PDT by Scrambler Bob (Brought to you from Turtle Island, otherwise known as 'So-Called North America')
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To: Leaning Right

News Corp should have at least just outright purchased his books to make the numbers line up. They could have given them to all their employees and friends and avoided the scandal. Then the obviously lame product could have made the bestseller list and possibly produced more sales.

Morons don’t know how to cheat well.


4 posted on 04/23/2017 7:58:50 PM PDT by Blue Collar Christian (We Arizonans need to get rid of McCain as all of us pray for Trump.)
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To: Leaning Right

No really, this is a trick question, right?


5 posted on 04/23/2017 8:00:38 PM PDT by VRW Conspirator (Enforce the Law. Build the Wall.)
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To: Leaning Right
A scandal and evidence of major corruption to be sure.

BTW, if memory serves, didn't Hillary and impeached and disbarred and alleged husband Bill get some similar, um, considerations?

.

6 posted on 04/23/2017 8:00:41 PM PDT by Seaplaner (Never give in. Never give in. Never...except for convictions of honour and good sense. W. Churchill)
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To: Leaning Right

Same way the Ditsy Chicks played to “sold out” shows that were near empty.


7 posted on 04/23/2017 8:02:58 PM PDT by Darksheare (Those who support liberal "Republicans" summarily support every action by same.)
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To: Leaning Right

News Corp caught bribing a ‘RAT governor...and ineptly attempting to disguise it as book royalties.

Wow.


8 posted on 04/23/2017 8:04:28 PM PDT by nickedknack
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To: Leaning Right

What does/did news corp get out of this deal?


9 posted on 04/23/2017 8:06:03 PM PDT by stuck_in_new_orleans
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To: Leaning Right
3199 copies went to libraries. The other copy went to his mom.
10 posted on 04/23/2017 8:06:35 PM PDT by Governor Dinwiddie (I don't see a possum.)
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To: Leaning Right
I have NO idea how this scam hasn't been shut down by the feds.

Some politician writes a book that literally 3000 people wanted to read, yet they get royalties in the 100Ks if not millions.

Like Jim Wright, they simply have the unions buy up thousands of books, then give them away or donate to libraries, or donors.

Who then throw them away.

The perfect money-laundering/ campaign donation scheme.

Really did ANYONE buy Hillary's *second* autobiography?

How about Obama's TWO books?

The ones from 1995 and 2006?

Nobody even knew who he was back then.

Don't tell me that millions of copies were sold.

Don't get me started on the Obama 60 million dollar advance for he and Michelle's memoirs.

Nobody, except for someone like Stephen King sells that in hard copy.

Yet on his taxes, Obama claimed that he was *still* getting six figure royalties.

11 posted on 04/23/2017 8:07:28 PM PDT by boop ("I don't know"- Jeff Spicoli)
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To: Leaning Right

Time and the power of compound interest?


12 posted on 04/23/2017 8:10:48 PM PDT by Flag_This (Liberals are locusts.)
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To: Leaning Right

It’s the advance against royalties. Some publishers think a book will be an instant best seller and they will advance millions to get it. Hillary pulled that scam off. She only had a few book tour engagements because no one showed up for them.


13 posted on 04/23/2017 8:11:46 PM PDT by econjack
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To: stuck_in_new_orleans

> What does/did news corp get out of this deal? <

Evidently there are a few media-related bills now winding their way through the NY statehouse. If those bills were passed - and signed by the governor - that would be very helpful to News Corp.


14 posted on 04/23/2017 8:16:18 PM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: Leaning Right

I’m sure you know that the book deal was just the visible part of the transaction.


15 posted on 04/23/2017 8:16:22 PM PDT by Vince Ferrer
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To: nickedknack
How Did NY Gov. Andrew Cuomo Make $783,000 In Royalties From A Book That Sold Only 3,200 Copies?

Quite simple. Using basic mathematics, Gov. Cuomo was paid a royalty of approximately $244.69 for each book sold!

I can't imagine what the book's retail price must have been for the Governor to make such a commission on each copy, but it couldn't have left much of a profit margin for the publisher...

16 posted on 04/23/2017 8:16:23 PM PDT by sargon ("If we were in the midst of a zombie apocalypse, the Left would protest for zombies' rights.")
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To: Leaning Right

How did he make big money from selling very few books??
He was taught by Hillary how to do it.


17 posted on 04/23/2017 8:17:10 PM PDT by Sasparilla ( I'm Not tired of Winning)
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To: Leaning Right

He got Cattle Futures training from H->!.....


18 posted on 04/23/2017 8:18:07 PM PDT by Paladin2
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To: econjack

> It’s the advance against royalties. <

Yep, I’m sure that’s the way it will be explained. And that explanation will fly. It’s the perfect cover for a bribe.


19 posted on 04/23/2017 8:18:08 PM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: Leaning Right

Very interesting.


20 posted on 04/23/2017 8:19:11 PM PDT by apocalypto
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