The Book Industry

BOOK NEWS FROM THE POLITICAL WORLD

OBAMA FLYING HIGH – BUSH IN FREEFALL 

Sales of books by President elect Barack Obama have soared into the hundreds of thousands during the past two weeks. Publishers Marketplace reports that seven contracts for books about Obama have been signed since Election Day. The frenzy is almost as high as it has been for the tell-all exposes that appeared during the Bush administration. 

Conversely, speculation about a memoir by our almost ex-President is not very encouraging. Most publishers see it as a potential loser or at least nowhere near as strong as, for example, the Bill Clinton autobiography that got off to its start with a seven-figure advance. 

The reasons given for the negativity include Bush’s incredibly low performance ratings and anticipated poor foreign sales because of his flat popularity overseas.  Nonetheless, polls show that he still hangs on to support from a low of 20% to a high of 31% of the populace. At the lowest level, that alone could produce sales of more than 5 million books. Not bad for a loser! 

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Categories: The Book Industry
Posted by charles on Wednesday, November 19, 2008 1:33 PM
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