Armed with the biggest purse in town, Penguin Random House announced late Tuesday that the company has acquired world rights to two forthcoming books, one by former president Barack Obama and one by former first lady Michelle Obama. The announcement was made under the name of ceo Markus Dohle, who according to PRH employees stayed in New York to finalize negotiations and was not at the company’s sales conference in Florida. (Update: We misunderstood; Mr. Dohle has indeed been at sales conference. People were indicating he might have missed out on some meetings during the negotiations, but a spokesperson attested to his “engagement…at […]
