3 ms·
While it's a lot of money it's not out of keeping with the kind of sales they would have expected for his book. In it's first month "A Promised Land" sold 3.3M
by jefftk 4y ago
While it's a lot of money it's not out of keeping with the kind of sales they would have expected for his book. In it's first month "A Promised Land" sold 3.3M copies [1] and was the best selling book in the US for 2020! It's not clear to me what sort of "access to power" connections Penguin Random House would be getting out of this, and it's very clear that they got a lot of sales.
[1] https://global.penguinrandomhouse.com/announcements/a-promised-land-by-barack-obama-sells-more-than-3-3-million-units-in-u-s-and-canada-in-its-first-month-of-publication/ https://global.penguinrandomhouse.com/announcements/a-promis...
- hgsgm 4y agoThe advance is fine. The buyers are suspect. (Though in this case, the buyers are likely largely a broad base of interested citizens. Rich Democratic Party women like buying books. )