Barack Obama memoir: How celebrity book deals measure up

Barack Obama memoir: How celebrity book deals measure up

WASHINGTON: Former President Barack Obama‘s “A Promised Land” sold nearly 890,000 copies in the US and Canada in its first 24 hours, putting it on track to be the best selling presidential memoir in modern history.
The first-day sales, a record for Penguin Random House, includes pre-orders, e-books and audio.
According to publisher information shared by the New York Times, Michelle Obama’s “Becoming”, published two years ago, has sold more than 14 million copies worldwide. Obama’s previous two books “Dreams From My Father”, originally from 1995, and his 2006 political manifest “The Audacity of Hope” sold 3.3 million and 4.3 million copies, respectively, indicating what may have convinced Penguin Random House to offer the Obamas one of the largest book deals in history.
As the following chart shows, the $65 million deal the former first couple signed in 2017 stands as the largest publicly known non-fiction book deal by quite a distance. Bill Clinton’s $15 million advance for “My Life” is the second largest known deal while Hillary Clinton rounds off the top 3 with the $14 million she netted for “Hard Choices”.

Source From : Times Of India

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