Obama May Snag $20 Million Advance For Memoir
Barack Obama may secure a serious coin for his memoir. Esther Newberg, co-head of ICM Partners’ publishing unit, predicts that the former President may snag an advance of $20 million or more.
There’s no doubt Obama’s memoir will go for more than any president’s has ever gone.
Washington lawyer Bob Barnett is rumored to be repping Obama. Cody Keenan, former White House director of speechwriting, will help pen the memoir. Obama published a memoir in1995 titled, Dreams of My Father. In 2008, he published The Audacity of Hope.
In 2010, George W. Bush got $7 million for his memoir and Bill Clinton got $15 million — a presidential record — for 2001’s My Life.
Photo: Pete Souza