Trump may receive up to $ 100 million for the publication of his memoirs

On November 17, Barack Obama's presidential memoir will appear on the shelves of bookstores, for which he received tens of millions of dollars. But many are eagerly awaiting information about whether there will be a book about President Donald Trump's stay in the White House. According to sources Page Six, the current head of the United States has already been offered a very lucrative memoir deal.

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Insiders disagree about how beneficial a proposal put forward to Trump might be. One source familiar with the president said: "Trump is bombarded with offers for books and television projects that can cost a staggering $ 100 million."

Obama and former First Lady Michelle Obama signed a joint memoir deal with Crown for $ 65 million in 2017.

The source said Trump is being hunted down by publishers and TV channels, and that the president views "deals with publishers and TV channels as plan B if he doesn't win the election."

“Just translate the 70 million votes for him in the election into viewers and book sales. All the anti-Trump books brought the authors a lot of money,” said a source close to the president.

At the same time, a source at the publishing house suggested cooling down and not rushing into “excessively hot forecasts,” saying that the numbers “don’t look real.”

On the subject: Trump intends to create his own media empire and compete with Fox News

One publisher to keep an eye on is Simon & Schuster. He published Trump's latest book. And the CEO of this publishing house, Jonathan Karp, was at Trump’s wedding to Melania.

New Simon & Schuster publisher Dana Kanedi commented on Trump's book idea: “Oh, he's the president. Everyone who leaves the White House has material for one or more books, and this becomes part of public history. I think it would be not only appropriate, but also important. "

Simon & Schuster is also a longtime publisher of Hillary Clinton and has produced Bob Woodward's two most recent Trump books, as well as the memoirs of John Bolton and Mary Trump.

The Hachette Book Group also has the conservative Center Street book division, which publishes Donald Trump Jr.

White House officials have so far avoided commenting on Trump's memoirs.

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