Barack and Michelle Obama signs book deal
According to The Hollywood Reporter, the former president and first lady of the United States, Barack and Michelle Obama, have signed a book deal with Penguin Random House. Although the official details weren’t disclosed there are reports that the bidding went above $60 million.
1 million books will be donated in Obama family’s name to First Book. It’s a nonprofit organization of Penguin, dedicated in promoting educational opportunity to children in need. The Obamas also plan on donating a “significant portion” of their book deal to charity via their foundation.