Barack, Michelle Obama sign bumper book deal


WASHINGTON: (APP) New York based publisher Penguin Random House has won the industry's most coveted contract: a two-for-one deal to produce the memoirs of former president Barack Obama and first lady Michelle Obama .

"The company has acquired world publication rights for two books, to be written by President and Mrs Obama respectively," the publisher said in a statement.

Bidding for the high-profile double book deal topped $60 million, a record sum for US presidential memoirs, according to the Financial Times.

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