Tags: Obama | Memoir | Advance

$20M Advance Eyed for Obama Memoir

Image: $20M Advance Eyed for Obama Memoir

(AP)

Thursday, 26 Jan 2017 12:52 PM

A memoir written by former President Barack Obama could fetch an advance of $20 million or more, veteran literary agent Esther "Lobster" Newberg tells The Hollywood Reporter.

"There's no doubt Obama's memoir will go for more than any president's has ever gone," Newberg, who co-heads ICM Partners' publishing unit.

If true, Obama's advance would easily beat those paid to Bill Clinton, who earned a $15 million paycheck for "My Life," and George W. Bush, who got $7 million to write his story in "Decision Points."

"There is broader fascination with Obama, from conservatives who really hate him as well as liberals who deeply admire what he did," Princeton University presidential historian Julian Zelizer told The Reporter.

Obama has written two books before: "Dreams from My Father: A Story of Race and Inheritance" and "The Audacity of Hope: Thoughts on Reclaiming the American Dream."

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A memoir written by former President Barack Obama could fetch an advance of $20 million or more, veteran literary agent Esther "Lobster" Newberg tells The Hollywood Reporter.
Obama, Memoir, Advance
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2017-52-26
Thursday, 26 Jan 2017 12:52 PM
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