Barack and Michelle Obama have sold the rights to their next books to Penguin Random House for a sum that has reportedly passed $60 million, according to a report by the Financial Times. (They will be writing separate books, but the rights were sold jointly.) As far as past and present presidential book deals go, this one’s a biggie: it surpasses previous records set by George W. Bush’s reported $7 million deal and Bill Clinton’s reported $15 million dollar advance.Obama starts to cash in ... Ian Welsh:
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