May 19, 2006

For Fun and Profit!

Clinton Plans to Write Book About Activism and Service

Former President Bill Clinton is following up his best-selling 2004 memoir, "My Life," with a book on citizen activism and service, to be published by Alfred A. Knopf sometime late next year or early in 2008.

Mr. Clinton was paid more than $10 million for "My Life," an amount then believed to be the largest ever for a nonfiction book. That book has sold more than two million copies in the United States and has been published in more than 30 countries.

Neither Knopf executives nor Robert Barnett, the lawyer who negotiated both of Mr. Clinton's deals, would comment yesterday on the financial terms of the new book. But one industry veteran with knowledge of the deal estimated that Knopf is paying an advance of around $5 million.

Posted by Charles Austin at May 19, 2006 05:38 PM