Laura Bush Memoir Book Deal Illustrates Recession?

Today’s Daily Beast asserts that Laura Bush received less than Nancy Reagan and Betty Ford–and only one third the amount that the same publisher (Simon & Shuster) paid for Hillary Clinton’s memoir. They speculate that the recession may be to blame.

Poor Laura.  She got a mere $1.6 million advance.

Or could it be that in the perilous world of publishing we will no longer see the really huge advance such as the 8 million dollars Hillary Clinton received?

Shirley Showalter

3 Comments

  1. Gutsywriter on November 14, 2009 at 5:00 am

    Poor Laura,I feel so sorry for her right before the holiday shopping season. Will she have enough to buy some gifts? Maybe the publishing industry is changing.

  2. shirleyhs on November 22, 2009 at 5:40 pm

    Since Sarah Palin got $5 million for her memoir, the industry does not appear to have moved completely away from the big advance. But it is probably safe to assume that Laura will not be suffering financially. It will be interesting to see if she dishes on anyone. She seems constitutionally unable to do that. Good for her.

  3. shirleyhs on November 23, 2009 at 1:40 am

    Since Sarah Palin got $5 million for her memoir, the industry does not appear to have moved completely away from the big advance. But it is probably safe to assume that Laura will not be suffering financially. It will be interesting to see if she dishes on anyone. She seems constitutionally unable to do that. Good for her.

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