Posted on 07/09/2014 8:59:28 PM PDT by TigerClaws
Publishing executives are reportedly 'on notice' for allegedly paying Hillary Clinton $14 million for her highly-anticipated memoir which sold just 161,000 copies in its first three weeks. Sources told the New York Post 'there’s lots of finger-pointing going on at (publisher) Simon & Schuster' over the expensive deal. Although the publisher sent one million copies of 'Hard Choices' to stores, a low 85,000 were sold in the first week before sales plummeted in the subsequent two weeks. The book hit stores on June 10.
Read more: http://www.dailymail.co.uk/news/article-2686300/Publishing-executives-notice-Hillary-Clintons-14M-memoir-sells-just-161k-copies.html#ixzz372DPCxP0 Follow us: @MailOnline on Twitter | DailyMail on Facebook
(Excerpt) Read more at dailymail.co.uk ...
How many millions would it have to had sold to make any profit at all? 4 million? 5 million? 6 million??
This pure favoritism or patronage
Everyone (except conservatives) thought Hillary’s book would be a big seller and that is why Costco had so many at their locations. Her book has been out for a month and you can anticipate it being removed by Costco VERY soon.
This decision was made at the top but I am sure some low-level flunkies will be fired.
Yep. But this kind of story makes me think some rich, liberal CEO or VP etc is being slapped in the face with capitalism.
The irony makes me laugh.
The book was priced at $35. Break even was likely selling 500,000 copies.
They looked at the sale of Obama’s books, she’s apparently front runner for president.
Her book tour was a complete mess with her foot in mouth disease (more like compulsive lying) and she’s tanked 12 points in opinion polls.
Break even might be closer to a million. Even at $35 printing costs and stuff are going to eat a bunch.
That said, I would stand in a long line, for a long time and pay the $99 in order to NOT buy it.
.
Printing and shipping costs likely 3-5 bucks max. There’s a huge markup on books.
It’ll be 40 and 50% off soon.
$14,000,000 to make things up to (unsuccessfully) make yourself look good? I wish I was so lucky
You wrote:They’re from New York, so they’re no dummies”
I used to live in NYC and I beg to differ. New Yorkers are so ignorant it will make your teeth hurt just listening to them
To put this in perspective, Stephen King's book Doctor Sleep only had an initial print run of 1.1 million books. And Stephen King has sold over 350 million books.
To give that level of advance to someone who is not one of the top five fiction writers in the world is completely irresponsible and should cost a lot of people their jobs.
Watch for them on the 25-cent basket at your local thrift store.
I was being funny. But since you used to live there...
She will never be president. She is a has been that never was. Too old, too sick, and her time as SoS does not reflect well on her. She now has a track record and it’s not good. Sorry, Hill, Obama stole your thunder.
The doormat’s ghost written book is total fail.
I also saw online publishers track the reading levels (how much of book was completed) by percentages.
Something like 2-3% of Hillary book buyers actually finished the book.
Even her fans can’t wade through her b.s.
Just do what Bill did with taxes...
Retroactively raise the price of the book to $100 and send everyone who already bought it a bill for the difference...
Looks like another Liberal win-win situation to me.
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