Connect with us

Hi, what are you looking for?

DOGE0.070.84%SOL19.370.72%BNB287.900.44%USDC1.000.01%AVAX15.990.06%XLM0.080.37%
USDT1.000%XRP0.392.6%BCH121.000.75%DOT5.710.16%ADA0.320.37%LTC85.290.38%
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

People

People

Obamas Get $65 Million Book Deal

Former President Barack Obama and first lady Michelle Obama received bids for a book deal that has jumped to the price of $60 million. Penguin Random House was first in line with HarperCollins, Simon & Schuster, and Macmillan trailing not too far behind in the bid.

Yet on Tuesday Penguin Random House won the bid with a $65 million deal for the rights to two books written by the former President and his first lady. According to the Financial times, both the books will be written separately by the couple but the rights to both books will be sold jointly.

This is the largest book deal that has even been paid to a former president for his memoir. Knopf which is part of Penguin Random House only paid $15 million for Bill Clinton’s memoir “My Life” back in 2004. In 2010, Crown published former President George W. Bush’s book “Decision Points” for around $10 million.

Penguin Random House has already published prints of books by the Obamas. CEO Markus Dohle made a statement about their enthusiasm to work with them once again. He also made a statement saying:

“With their words and their leadership, they changed the world, and every day with the books we publish at Penguin Random House, we strive to do the same. Now, we are very much looking forward to working together with President and Mrs. Obama to make each of their books global publishing events of unprecedented scope and significance.”

It’s estimated that the dual book deal is the most anticipated of any former president and first lady. Former President Barack Obama has been credited as having a unique prose style when compared to recent presidents. Both is books “Dreams from My Father” and “The Audacity of Hope” have sold millions of copies.

It’s predicted that Michelle Obama will delve further into her time as first lady. The only book she has published, “American Grown” back in 2012 was about gardening.


Comment Template

You May Also Like

Business

In the wake of Walmart’s departure as a major stakeholder and a stagnating Chinese e-commerce market, JD.com must persuade investors of its importance. This...

Technology

Anthropic stated on Thursday that the advantages of California’s updated measure, which aims to control the development and deployment of artificial intelligence within the...

Economy

Friday saw dollar weakness as investors braced for Jackson Hole address by Federal Reserve Chair Jerome Powell, while the yen topped other currencies in...

Economy

After a bank official was freed from captivity, activities at Libya’s central bank (CBL) were restored. Musaab Muslamm, chief of the bank’s information technology...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok