The bidding war over Barack and Michelle Obama’s book deal skyrocketed to more than $60 million before Penguin Random House was crowned the winner on Tuesday night
The publisher announced that the pair had signed with them after reportedly delivering the highest bid earlier in the day.
***By contrast, publishers only plunked down $15 million for Bill Clinton’s 2004 autobiography, “My Life,” and $10 million for George W. Bush’s memoir, “Decision Points,” according to past reports.
Tuesday, February 28, 2017
Barack and Michelle Obama Sign With Penguin Random House For $60 Million Book Deal
Posted By Milton Recht
From New York Post, "Penguin Random House crowned winner of $60M Obama book war" by Natalie O'Neill:
Posted 2/28/2017 10:27:00 PM