InsideMobileApps InsideSocialGames 10,000 Words FishbowlNY FishbowlDC LostRemote TVNewser TVSpy AgencySpy PRNewser MediaJobsDaily UnBeige

Penguin Press Reportedly Paid $5 Million for “Game Change” Sequel

gamechanged.jpgTIME magazine’s Mark Halperin (pictured, via) and New York‘s John Heilemann‘s bestselling behind-the-scenes look at the 2008 election, Game Change, will reportedly have a $5 million sequel.

Yesterday Crain’s New York reported that Penguin Press publisher Ann Godoff and literary agents Andrew Wylie and Scott Moyers negotiated a $5 million deal for a book about the 2012 election from the bestselling authors. With memoirists Sarah Palin and Barack Obama running around in 2012, it should be a literary election season.

Here’s more from the article: “‘This is presidential memoir level money,’ said one executive familiar with the deal… [it] harks back to a period before the recession ate into book sales and put pressure on houses to hold down costs. But the giant price tag is also representative of a trend among publishers toward making bigger bets on known commodities.”

Mediabistro Course

The Art of the Book Review

The Art of the Book ReviewStarting August 4, learn how to get paid to write reviews that will influence the publishing landscape! Taught by a Publishers Weekly book critic, you'll learn how to recommend a book to its audience, write reviews of varying lengths, tailor a review to a specific publication and more! You'll leave this course with two original reviews and a list of paying markets for book reviews. Register now!