Barack and Michelle Obama have signed book deals with Penguin Random House, the publisher announced on Tuesday. Financial terms were not disclosed for the books, for which several publishers had competed, although the Financial Times reported that bidding reached more than $60m – a record sum for US presidential memoirs. By comparison, fellow Democrat and former president Bill Clinton earned $15m for rights to his 2004 memoir My Life after he left office, while Obama’s immediate predecessor, Republican George W Bush, reaped some $10m from his 2010 book Decision Points.
https://www.theguardian.com/books/2017/mar/01/barack-michelle-obama-book-deals-penguin-random-house
