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Barack and Michelle Close to Signing Record-Breaking Deal Worth Over $60 MILLION For Memiors
Daily Mail ^ | 17:49 EST, 28 February 2017 | Chris Spargo

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 ...


TOPICS: Culture/Society; Extended News; News/Current Events; Politics/Elections
KEYWORDS: bookdeal; chumpchange4bho; michellebook; obama; obamabook; penguinrandomhouse
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To: drewh

60 million for fake stories? if they tell the truth everyone would be after their hides.


41 posted on 02/28/2017 4:32:15 PM PST by b4me (If Jesus came to set us free, why are so many professed Believers still in chains?)
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To: drewh

At some point, you’ve made enough money


42 posted on 02/28/2017 4:33:51 PM PST by Smellin Salt
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To: drewh

Who is going to buy them?


43 posted on 02/28/2017 4:34:35 PM PST by sport
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To: drewh

That is a huge amount of money.

The book writing scheme is ... well, a scheme. :)

I went to a bookstore a couple of years ago and they had piles of Hillary’s book; I think it was “Hard Choices.”

They were discounted by over 80%, practically giving them away. I asked the owner and he said that literally no one wanted to buy them.

And this is in Liberal Canada! In the extra-liberal Québec!! LOL!


44 posted on 02/28/2017 4:35:17 PM PST by proud American in Canada (May God Bless the U.S.A. (Trump: I will bear these slings and arrows for you, the American people)o)
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To: drewh

I would sooner read Milo’s new book.


45 posted on 02/28/2017 4:36:57 PM PST by Mercat (Men never do evil so fully and cheerfully as when they do it out of conscience.” (Blaise Pascal))
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To: SoCal Pubbie

“I wrote a book which is being published by a midwest university press this fall. It took over 10 years of research and writing.”

______________________________________________

Good luck, SCP!

It must be tough to be a conservative where you are.

All the best with your book! Congrats!

I’ve been working on a couple but they’re all half-done, if that. ;) It takes a lot of focus and energy to do what you’ve done.


46 posted on 02/28/2017 4:37:29 PM PST by proud American in Canada (May God Bless the U.S.A. (Trump: I will bear these slings and arrows for you, the American people)o)
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To: SoCal Pubbie

Thanks for the numbers.

Something fishy and possibly illegal is going on if this story is true.


47 posted on 02/28/2017 4:38:32 PM PST by tennmountainman ("Prophet Mountainman" Predicter Of All Things RINO...for a small pittance)
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To: drewh

I’d like to know what the moonbat tree people think.


48 posted on 02/28/2017 4:38:45 PM PST by SpaceBar
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To: drewh

https://fellowshipoftheminds.com/2016/09/21/hillarys-book-stronger-together-tanks-only-2912-copies-sold-in-first-week/


49 posted on 02/28/2017 4:41:10 PM PST by hawg-farmer - FR..October 1998 (------->VMFA 235 '69-'72 KMCAS <------- "Death Angels")
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To: drewh

What? Her slave days in Chicago?


50 posted on 02/28/2017 4:41:30 PM PST by SkyDancer (Ambition Without Talent Is Sad, Talent Without Ambition Is Worse)
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To: drewh

Oh and today I played golf

Played golf again

went on a multimillion dollar vacation and played golf.


51 posted on 02/28/2017 4:42:46 PM PST by Godzilla (1/20/2017)
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To: All

“Pivot to Nuance, Spreading the Chaos”

“Schemes my father taught me”

“Pretty much fake Greek columns was all I had, that and the race card”

Just thinking of some chapter headings here.

Oh, and Michelle’s book? “All maxed out but still shopping”


52 posted on 02/28/2017 4:43:52 PM PST by Peter ODonnell (Listen for my radio call-in program on channel A in your brain, yes caller ... I'm listening)
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To: SkyDancer
Her slave days in Chicago?

Picking cotton out of an aspirin bottle.
53 posted on 02/28/2017 4:44:02 PM PST by SpaceBar
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To: drewh

How many would need to be sold for the publisher to come close to breaking even?


54 posted on 02/28/2017 4:44:11 PM PST by nfldgirl
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To: drewh

chickensoup has been saying since 1998 that these book deals are payola.

There is nothing about profit.

It is payola of the worst kind by corporations and leftist leaders.


55 posted on 02/28/2017 4:47:30 PM PST by Chickensoup (Leftists today are speaking as if they plan to commence to commit genocide against conservatives.)
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To: drewh

That’s a good intro.
We know it won’t be truthful.


56 posted on 02/28/2017 4:50:07 PM PST by mcshot (MSM = MST = Main Stream Thash. They report all but the truth.)
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To: drewh

Fiction ?


57 posted on 02/28/2017 4:51:49 PM PST by butlerweave
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To: drewh

Geeze. Just who is going to buy it?


58 posted on 02/28/2017 4:52:32 PM PST by Lopeover (The 2016 Election is about allegiance to the United States!)
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To: drewh

Can you only imagine the dreck that will be between the covers of their literary fiasco???


59 posted on 02/28/2017 4:54:57 PM PST by connyankee (#MAGABEGINS)
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To: sport

Libraries will buy them. Not all libraries. I’ll predict about one-sixth of libraries. So take the total number of libraries and divide by six. That’s the press run. But no one will ever check the books out of the libraries. Because no one will ever want to read them. And those interested probably can’t read or are too cool to go to a library.


60 posted on 02/28/2017 4:58:24 PM PST by duckworth (Perhaps instant karma's going to get you. Perhaps not.)
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