Today’s Daily Beast asserts that Laura Bush received less than Nancy Reagan and Betty Ford–and only one third the amount that the same publisher (Simon & Shuster) paid for Hillary Clinton’s memoir. They speculate that the recession may be to blame.
Poor Laura. She got a mere $1.6 million advance.
Or could it be that in the perilous world of publishing we will no longer see the really huge advance such as the 8 million dollars Hillary Clinton received?