Biden's memoir fetches a smaller sum compared to Obama's and Clinton's, leaving a potential sense of embarrassment
Former President Joe Biden has sold his presidential memoir to Hachette Book Group for a $10 million advance, placing him among the ranks of recent U.S. presidents who have secured significant advances for their memoirs.
In 2017, Barack and Michelle Obama secured a record-breaking $60 million for the rights to their memoirs from Penguin Random House. Bill Clinton's memoir "My Life," published in 2004, fetched an advance of $15 million, equivalent to around $24 million today when adjusted for inflation. George W. Bush's memoir "Decision Points," published in 2010, received a $10 million advance, which would be about $15 million today when adjusted for inflation.
Joe Biden's advance, while significant, is lower than those secured by his predecessors. However, the former president's memoir is expected to follow in the footsteps of the best-selling presidential memoirs in history.
Creative Artists Agency represented Biden for his 2017 memoir "Promise Me, Dad: A Year of Hope, Hardship and Purpose." For his upcoming memoir, Hachette's Little, Brown & Co. will publish the book, having acquired worldwide rights.
The memoir will cover Biden's four years as president and his time as vice president during the Obama administration. The publication date for the memoir has not yet been set, but Biden has been actively working on it, mentioning at an event earlier this month that he is "working his tail off" to write the book.
Biden has been diagnosed with an "aggressive" form of prostate cancer, though it appears to be hormone-sensitive, allowing for effective management. The health of the former president could potentially impact the timeline of the memoir's release.
In comparison, Barack Obama's memoir "A Promised Land" sold an impressive 890,000 copies in its first 24 hours in the US and Canada. Trump did not publish a presidential memoir after his first term.
While the terms of Donald Trump's memoir deals are not detailed in the provided search results, it is known that he has written several bestselling books. However, the specifics of his deals have not been highlighted in these reports.
- The world of media has once again entered the political realm, with former President Joe Biden securing a $10 million advance for his presidential memoir from Hachette Book Group.
- Such significant book deals, like Biden's, have become commonplace among recent U.S. presidents seeking to profit from the publication of their memoirs.
- For instance, in 2017, Barack and Michelle Obama secured a record-breaking $60 million for the rights to their memoirs from Penguin Random House.
- In a similar vein, Bill Clinton's memoir "My Life," published in 2004, fetched an advance of $15 million, equivalent to around $24 million today when adjusted for inflation.
- George W. Bush's memoir "Decision Points," published in 2010, received a $10 million advance, which would be about $15 million today when adjusted for inflation.
- Joe Biden's advance, while significant, is lower than those secured by his predecessors, suggesting potential differences in their strategies for monetizing their memoirs.
- However, the former president's memoir is expected to follow in the footsteps of the best-selling presidential memoirs in history.
- The memoir will cover Biden's four years as president and his time as vice president during the Obama administration, providing unique insights into his political journey.
- The publication date for the memoir has not yet been set, but the health of the former president could potentially impact the timeline of the memoir's release, given his recent diagnosis of an "aggressive" form of prostate cancer.
- In the realm of personal growth, mindfulness, and lifelong learning, online education platforms have emerged as a valuable tool for achieving goals related to education-and-self-development, career-development, and personal-growth.
- These platforms can help individuals enrich their skills-training, job-search, and general-news literacy, fostering a culture of productivity and continuous self-improvement.
- Meanwhile, in the dynamic world of politics, policy-and-legislation, war-and-conflicts, crime-and-justice, and online-education have intertwined, leading to various debates and reforms in the arena of education and larger societal issues. Moreover, the global landscape witnesses the complex interplay of migration, sports, and even sports-betting in shaping national and international policies.
