Breaking News         Latest US News              New York News              Fx Tribune

3 Powerful Products That Will Help You Heal
NEW YORK — Barack and Michelle Obama have book deals. 6 Months Ago7 Months Ago8 Months AgoThe former president and first lady have signed with Penguin Random House, the publisher announced Tuesday. Financial terms were not disclosed for the books, which...

Barack and Michelle Obama have book deals

NEW YORK — Barack and Michelle Obama have book deals. 6 Months Ago7 Months Ago8 Months AgoThe former president and first lady have signed with Penguin Random House, the publisher announced Tuesday. Financial terms were not disclosed for the books, which...

Barack and Michelle Obama have book deals

NEW YORK — Barack and Michelle Obama have book deals.

6 Months Ago

7 Months Ago

8 Months Ago

The former president and first lady have signed with Penguin Random House, the publisher announced Tuesday. Financial terms were not disclosed for the books, which several publishers had competed for, although the deals are likely in the tens of millions of dollars.

Both Obamas have published through Crown, a Penguin Random House imprint. But Penguin Random House declined comment on which imprint or imprints the books would be released through.

"We are absolutely thrilled to continue our publishing partnership with President and Mrs. Obama," Penguin Random House CEO Markus Dohle said in a statement.

"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."

The Obamas were represented in negotiations by Robert Barnett and Deneen Howell of Williams & Connolly. Barnett has worked on deals with Barack Obama's two immediate predecessors, Bill Clinton and George W. Bush, and with Michelle Obama's predecessors Hillary Rodham Clinton and Laura Bush.

The Obamas plans to donate a "significant portion" of their author proceeds to charity, including to the Obama Foundation. Barack Obama's book is a strong contender to attract the largest advance for any ex-president; the previous record is believed to be $15 million for Bill Clinton's My Life.

The unique dual arrangement announced Tuesday is for books that are among the most anticipated in memory from a former president and first lady. Barack Obama is widely regarded as one of the finest prose stylists among modern presidents, and his million-selling Dreams from My Father and The Audacity of Hope are considered essential to his rise to the White House. Michelle Obama has given few details about her time as first lady: Her only book is about food and gardening, American Grown, released in 2012. Both Obamas are widely popular with the public in the U.S. and abroad.

Titles and release dates were not immediately available. The books will reflect on the Obamas' White House years, although Penguin Random House declined to give further details.

Presidential memoirs have contributed little to the literary canon, a tradition many believe Barack Obama will change. But recent books have found large audiences: Clinton's My Life and George W. Bush's Decision Points were million sellers. Books by first ladies, including Hillary Clinton's Living History, have been dependable best-sellers.

Our editors found this article on this site using Google and regenerated it for our readers.

Breaking News Headlines

banner30
Hurricane Maria, Latest live news
Hurricane Maria, Latest live news
Trump offers Peña Nieto the help he needs after the earthquake
Trump offers Peña Nieto the help he needs after the earthquake
At least 25 dead in a primary school in southern Mexico City
At least 25 dead in a primary school in southern Mexico City
Women are More Likely than Men to Neglect Retirement Savings, Study Shows
Women are More Likely than Men to Neglect Retirement Savings, Study Shows
Harold Alfond Foundation Pays Off $685K in Student Loan Debt for 20 Maine Students
Harold Alfond Foundation Pays Off $685K in Student Loan Debt for 20 Maine Students
Mature, the only world leader who comes out in support of independence
Mature, the only world leader who comes out in support of independence
Evacuated a British Airways plane in Paris for a false alarm
Evacuated a British Airways plane in Paris for a false alarm
Arrested a second person for the London Metro bombing
Arrested a second person for the London Metro bombing
Riots in San Luis after the exoneration of a white policeman who killed a black
Riots in San Luis after the exoneration of a white policeman who killed a black
A white guard invents an African-American shooter to justify an accident with his own weapon
A white guard invents an African-American shooter to justify an accident with his own weapon
An Air Force one experience
An Air Force one experience
Rescinding the DACA Could Cost Employers $6.3 Billion
Rescinding the DACA Could Cost Employers $6.3 Billion
POLLS Results ALL
Who is the most powerful actor in Syria

banner31
Front Pages
  • The Sun
NEWS ARCHIVES