This week in the Houston area is one of Half Price Books’ coupon weeks. What is coupon week? Shoppers receive a coupon for each day of the week to use in-store. The week started with 20% off one item and has now risen up to 40% off an item. Tomorrow will be 50% off an item.
I write about this just about every time it happens because there is no better deal to be had. Why spend outrageous amounts of money to buy books if you don’t have to? Now go get something before the coupons are all gone!
Also, I can’t guarantee that it’s coupon week in other parts of the country.
This was inevitable. Everyone knew President Obama would sign a massive book deal once out of office. But my goodness! The reported numbers are astonishing.
Reports indicate the Obamas’ joint book deal is worth $65 million dollars! I’ve never heard of such a lucrative deal. Not for presidents or politicians or celebrities or anyone. And people wonder why first-time authors struggle to even get a publishing contract. The majority of their profits will be donated to charity.
Penguin Random House has proven that publishing deals aren’t always about what they’ll be able to make off of it. But then first-time authors will still get an advance of $2000 and no marketing. But eh.
What’s the craziest thing you’ve ever heard come out of publishing?
I’m sure you’ve heard of the accusations made against Bill Cosby in recent months. Lawsuits and criminal investigations followed thereafter. Well a Pennsylvania judge dismissed a civil defamation case against him last week. And now he’s got a book deal to tell his side of things.
This just shows that publishing is no different from other types of media that tend to blow up controversial figures and events. But it makes me sick thinking about this man still being able to profit from his side of things. You know the book will become a bestseller and no admission of guilt will be made. Ugh.
What do you think of controversial figures getting lucrative book deals? I know it happens, but that doesn’t make it okay.
PS: Bill Cosby hasn’t reportedly been offered a book deal to tell his story. But I wrote this to show that it’d be believable if he did. People sometimes put publishing up on a pedestal, and there’s really no reason to do so. It’s about making money. Just like every other industry. If you comment what you think of Cosby’s new deal, I’ll know you didn’t read all the way through.
In 2012 she signed a book deal with HarperCollins for $1 million. Back then she wasn’t the star she is today. It was set to be a book of essays that never really transpired. She ultimately decided to return her advance to the publisher to cancel the contract last year.
Fast forward to 2015. There was recently an auction for her book and guess what it sold for? $8 million. Yikes. She’s had quite a bit of success in the last two calendar years and now she’s on everyone’s radar. The reason for originally canceling the previous contract was that she was simply too busy to focus on it. She wasn’t trying to play some game with the publisher, although she did get them to match another offer. She wasn’t even betting that she could get a larger sum of money. Now this auction happened.
I’m honestly not a fan of hers and have no idea what her Comedy Central show is like, but I do know her name. And I imagine many people know much more than that. So good for her. Not that she needs any money, but she’s gone about the whole thing pretty well if you ask me.
Are you familiar with her work? Interested in her forthcoming book?
First, this is not me being critical of Khloe Kardashian. I have nothing against her. This is me being critical of the people and publishers who make these celebrity books happen.
I don’t get it. There is not one celebrity (okay, Jennifer Lawrence is the ONLY one) who I’d want to read a book ‘written’ by. Not one. And yet we get so many of these books every year that I think there should be a new genre recognized. I’m not even joking. I’m sure y’all have heard that Pharrell is writing children’s books. You’ve probably read Lena Dunham’s book by now. I think Jimmy Fallon has a book on the way.
I have nothing against any of them, but there is nothing they could write that I’d be willing to spend money on. But that’s just me.
I’ve written about celebrity book deals before, but now I have a different question to ask. Are there any celebrities you’d like to see write books? My one and only is Jennifer Lawrence. Not because I think her book would be any more interesting or better than all the others written by celebrities, but because I’d love anything with her name attached to it. Fun fact: if she had a Twitter I think I’d only follow her and no one else. Cause what else would I need?! Sorry for the mini tangent.
PS: If I’d done enough to demand a seven figure book deal, I’d likely dip my hand into the publishing industry too.
On this day in 2014 I published Literary Characters who Should Die.