Latest news with #publishing
Daily Mail
a day ago
- General
- Daily Mail
A look back at Hulk Hogan's life
By STEPHANIE MAKRI Published: 13:23 EDT, 24 July 2025 | Updated: 13:23 EDT, 24 July 2025 Advertisement
Daily Mail
a day ago
- Business
- Daily Mail
Biden memoir sales disappoint as it sells for low sum
Joe Biden has suffered a humiliating blow after shopping his post-presidential memoir to publishers and securing an advance far less than his predecessors. The former president, 82, sold his presidential memoir to Hachette Book Group for around $10million, The Wall Street Journal reported on Wednesday. The monetary figure is likely to be disappointing for the Bidens, given Barack and Michelle Obama inked a deal worth an estimated $65million for their memoirs. And Bill Clinton secured $15million for his memoir 'My Life' more than 21 years ago. The book was released in 2004. President Trump opted not to publish a memoir after his first term in office. It is understood Hachette has not yet locked in a publication date for Biden's memoir. The 82-year-old has been hard at work detailing his White House years, writing at his home office in Delaware and his post-presidential office in Washington D.C. He said at an event earlier in July that he was 'working my tail off' to get the memoir finished, indicating it would primarily focus on his four years in office. Creative Artists Agency represented Biden for the deal, having also penned the deal for his No. 1 bestselling memoir in 2017 'Promise Me, Dad: A Year of Hope, Hardship and Purpose.' That book focused on Biden's relationship with his oldest son Beau, who died of brain cancer in 2015. Readers looking to purchase his latest book will likely be eager to glean new details about his cognitive health during his White House years, as well as information about his prostate cancer diagnosis and the fallout with other Democrats which led to his decision to drop out of the presidential race with Donald Trump. Biden has faced immense scrutiny about his health and whether there was a cover up during his final years in office. He has been forced to defend himself and his staff against Trump's repeated claims that staffers were actually running the show as Biden struggled to keep up. The $10million sum could come as a blow to the couple after insiders told the Daily Mail a joint book deal with Joe and Jill could have been worth as much as $30million. The offer, however, would have been contingent on Jill , who, experts say, could be worth $15 million alone. Jill Biden kept a diary during her White House years, so she has plenty of memories to draw upon. 'She could write a very explosive book if she wanted to,' a former White House aide told the Daily Mail. The former first lady likely would have been required to reveal what she saw happen in regards to her husband's cognitive health, the hours after his disastrous presidential debate with Donald Trump, and the details behind his decision to exit the 2024 race. There were questions about whether she would go scorched earth on the Democrats, writing scathing takedowns of Barack Obama, Nancy Pelosi, George Clooney, Chuck Schumer and all the other Democrats who privately and publicly urged Biden to step down. And she has long been said to have a grudge against Kamala Harris. Her thoughts on the actions of the party's powerful, along with details about the family's discussions surrounding the 2024 presidential campaign, could have made for a powerful best seller. 'She's his grudge-holder for sure, and there are definitely plenty of people she will never talk to again, but it's unlike her to take public swings at specific individuals or lay blame. It's just not her style. That's what is going to sell books, though,' a former Biden aide said.
Daily Mail
2 days ago
- Business
- Daily Mail
Biden suffers humiliating blow as memoir sells for paltry amount compared to Obama, Clinton
Joe Biden has suffered a humiliating blow after shopping his post-presidential memoir to publishers and securing an advance far less than his predecessors. The former president, 82, sold his presidential memoir to Hachette Book Group for around $10million, The Wall Street Journal reported on Wednesday. The monetary figure is likely to be disappointing for the Bidens, given Barack and Michelle Obama inked a deal worth an estimated $65million for their memoirs. And Bill Clinton secured $15million for his memoir 'My Life' more than 21 years ago. The book was released in 2004. President Trump opted not to publish a memoir after his first term in office. It is understood Hachette has not yet locked in a publication date for Biden's memoir. The 82-year-old has been hard at work detailing his White House years, writing at his home office in Delaware and his post-presidential office in Washington D.C. He said at an event earlier in July that he was 'working my tail off' to get the memoir finished, indicating it would primarily focus on his four years in office. Creative Artists Agency represented Biden for the deal, having also penned the deal for his No. 1 bestselling memoir in 2017 'Promise Me, Dad: A Year of Hope, Hardship and Purpose.' That book focused on Biden's relationship with his oldest son Beau, who died of brain cancer in 2015. Readers looking to purchase his latest book will likely be eager to glean new details about his cognitive health during his White House years, as well as information about his prostate cancer diagnosis and the fallout with other Democrats which led to his decision to drop out of the presidential race with Donald Trump. Biden has faced immense scrutiny about his health and whether there was a cover up during his final years in office. He has been forced to defend himself and his staff against Trump's repeated claims that staffers were actually running the show as Biden struggled to keep up. The $10million sum could come as a blow to the couple after insiders told the Daily Mail a joint book deal with Joe and Jill could have been worth as much as $30million. The offer, however, would have been contingent on Jill, who, experts say, could be worth $15 million alone. Jill Biden kept a diary during her White House years, so she has plenty of memories to draw upon. 'She could write a very explosive book if she wanted to,' a former White House aide told the Daily Mail. The former first lady likely would have been required to reveal what she saw happen in regards to her husband's cognitive health, the hours after his disastrous presidential debate with Donald Trump, and the details behind his decision to exit the 2024 race. There were questions about whether she would go scorched earth on the Democrats, writing scathing takedowns of Barack Obama, Nancy Pelosi, George Clooney, Chuck Schumer and all the other Democrats who privately and publicly urged Biden to step down. And she has long been said to have a grudge against Kamala Harris. Her thoughts on the actions of the party's powerful, along with details about the family's discussions surrounding the 2024 presidential campaign, could have made for a powerful best seller. 'She's his grudge-holder for sure, and there are definitely plenty of people she will never talk to again, but it's unlike her to take public swings at specific individuals or lay blame. It's just not her style. That's what is going to sell books, though,' a former Biden aide said. Hunter Biden is around $15 million in debt from his legal fees from several federal cases, along with lagging sales of his art and his memoir, sources previously told the Daily Mail.
Yahoo
2 days ago
- Business
- Yahoo
Publisher McGraw Hill raises $415 million in US IPO
(Reuters) -U.S. publisher McGraw Hill, backed by investment firm Platinum Equity, said on Wednesday it had raised $414.63 million in its initial public offering in the United States. The company sold 24,390,000 shares, priced at $17 each, below its marketed range of $19 to $22. The offering valued McGraw at $3.25 billion. The IPO market is gaining momentum on the back of a rally in equities and some stellar debuts in recent months. Private equity sponsors, who have been sitting on a massive backlog of portfolio companies waiting to go public, are looking to capitalize on this window. McGraw Hill will debut on the New York Stock Exchange on Thursday, nearly 13 years after it was taken private by Apollo. The private-equity giant had also attempted to re-list the company in 2015. It was then sold to Platinum Equity, which will continue to hold 84.6% of McGraw's total outstanding shares after the offering. McGraw Hill is one of the most recognized names in the publishing industry, known for its textbooks and other learning resources, with 82% of U.S. higher education institutions using its products, according to company filings. The company revealed in its IPO filing that revenue rose 7% to over $2 billion for the fiscal year ended March 31. It aims to trade on the NYSE under the ticker symbol "MH".
Yahoo
2 days ago
- Business
- Yahoo
Publisher McGraw Hill raises $415 million in US IPO
(Reuters) -U.S. publisher McGraw Hill, backed by investment firm Platinum Equity, said on Wednesday it had raised $414.63 million in its initial public offering in the United States. The company sold 24,390,000 shares, priced at $17 each, below its marketed range of $19 to $22. The offering valued McGraw at $3.25 billion. The IPO market is gaining momentum on the back of a rally in equities and some stellar debuts in recent months. Private equity sponsors, who have been sitting on a massive backlog of portfolio companies waiting to go public, are looking to capitalize on this window. McGraw Hill will debut on the New York Stock Exchange on Thursday, nearly 13 years after it was taken private by Apollo. The private-equity giant had also attempted to re-list the company in 2015. It was then sold to Platinum Equity, which will continue to hold 84.6% of McGraw's total outstanding shares after the offering. McGraw Hill is one of the most recognized names in the publishing industry, known for its textbooks and other learning resources, with 82% of U.S. higher education institutions using its products, according to company filings. The company revealed in its IPO filing that revenue rose 7% to over $2 billion for the fiscal year ended March 31. It aims to trade on the NYSE under the ticker symbol "MH".
