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Auction for The Obamas’ Books Said to Pass $60 Million

February 28, 2017
By Michael Cader

By Tuesday afternoon bidding for world rights to a package of two books, one by Barack Obama and one by Michelle Obama, had reached over $60 million, according to multiple sources talking to the FT. Penguin Random House has always been considered the leading contender — and has the biggest pocket on the block. The FT says Simon & Schuster and Macmillan have paired to make a joint bid (and one rumor has Oprah Winfrey’s imprint as the Macmillan part of the offer), with Harper bidding as well. They don’t list HBG as a known active bidder. By their account […]

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Filed Under: Deals

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