Posted
9:07 AM
by Gene
As the WIZARD OF OZ reaches the memoir-dictating and book-peddling stratosphere, one of RUPERT!!!!!!!!!!!!!!!!'S hacks tries to justify it:The all-time record for a non-fiction advance is held by President Bill Clinton, who is believed to have snagged $12 million from the Knopf imprint of Random House Inc. (Random House never disclosed the exact amount, saying only that it had paid "over $10 million" - but it has been widely estimated that the world rights deal was $12 million).
His autobiography, "My Life" eventually earned the publisher more than $6 million in overseas rights sales and had surprisingly strong audio book sales.
The hardcover edition was a runaway bestseller and earned back far more than Clinton's advance.Really? We thought people merely ran away from it.
P. S. We can be sure getting accurate sales figures for books like this is impossible, especially as the aliterature biz has more truthfulness than even the BIG-SCREEN-VIDEOGAME biz.