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Title : The Obama's Have Agreed To A $60 Million Book Deal For A 'His And Her Book'
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The Obama's Have Agreed To A $60 Million Book Deal For A 'His And Her Book'

New York Times: Obamas Make Book Deal With Penguin Random House

Penguin Random House will publish coming books by former President Barack Obama and the former first lady Michelle Obama, the publishing company announced Tuesday night, concluding a heated auction among multiple publishers.

The terms of the agreement were not disclosed, but publishing industry executives with knowledge of the bidding process said it probably stretched well into eight figures. Robert B. Barnett and Deneen C. Howell of Williams & Connolly represented the Obamas.

Penguin Random House acquired world rights to the books, and worldwide sales could be substantial. No decision has been made yet as to which of the company’s major imprints — which include Random House, Doubleday, Alfred A. Knopf and Crown — will publish the books. Mr. Obama’s previous books were published by Crown, which also published Mrs.

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Obama’s book “American Green,” about the White House garden.

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More News on The Obamas Reaching A $60 Million Deal For Two Books

Barack and Michelle Obama have book deals -- AP
It's gonna be YUUUGE: Barack and Michelle Obama sign record-breaking $60M book deal for rights to their new memoirs -- Daily Mail
Barack and Michelle Obama reach book deal -- Politico
Barack and Michelle Obama sign book deals -- The Hill
Barack and Michelle Obama agree Penguin Random House book deal -- BBC
The Obamas could earn more than $200 million in the next 15 years -- Business Insider

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