Obama netflix deal

Penguin Random House will publish forthcoming books by Barack and Michelle Obama, the publisher announced Tuesday. The former president and first lady will publish separate books, but jointly sold the rights.

The auction to secure the publishing deal for the two books topped $60 million.

The figure is a record-breaking total for presidential memoirs, the Financial Times reported.

Obama book sales to date

The rights to Bill Clinton’s 2004 autobiography, “My Life,” netted $15 million; George W. Bush’s 2010 “Decision Points” scored an estimated $10 million.

Obama, who left office in January at the age of 55 (young by the average standards of previous presidents), has said his immediate post-presidency plans include a vacation with Michelle and writing a book.

A portion of the book advances will be donated to charity, including the Obama Foundation, The New York Times reports. The books are expected to be released sometime in 2018.

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