Tuesday, February 28, 2017

Obamas sign book deal worth ‘tens of millions’

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Milo Yiannopoulos may no longer have a lucrative book deal, but guess who does? Barack and Michelle Obama. 

The former POTUS and FLOTUS have signed with Penguin Random House to release two separate books, the publishing company announced Tuesday. It won a hotly contested auction for the Obamas’ books between top publishing houses. 

Terms of the deal have not been announced, but multiple reports citing sources in the publishing industry said the bidding process had reached tens of millions of dollars. One report by the Financial Times put the number north of $60 million.   Read more…

More about Books, Barack Obama, Michelle Obama, Obama, and Entertainment
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