"Kamala Harris Receives Offers Up to $20 Million from Publishers for Insider Access to Biden's White House - Report"
Investing.com -- According to reports, Vice President Kamala Harris, who is set to leave her position soon and has previously run for president twice without success, is being offered an advance of up to $20 million by leading publishers. The offer is for an insider look at President Joe Biden's White House and a narrative on Harris's unsuccessful presidential campaign.
This news was disclosed to a source close to the vice president. The source indicated that the offers from the publishing world began to arrive shortly after her defeat against Trump. The book is expected to delve into the relationship between Joe and the vice president, detailing successes and failures in the Oval Office along with her campaign.
The proposed advance is around $20 million, but it could potentially be more when considering other publishing rights. Offering such a large sum is not unprecedented; for instance, Barack and Michelle Obama signed a joint deal in 2017 with Penguin Random House for a $65 million advance. Bill Clinton received a $10 million advance in 2001.
A manager from a leading liberal-leaning publishing house in New York stated to the source that the vice president, as the second-in-command and successor following Joe Biden's withdrawal from the campaign, possesses insider knowledge about the inner workings of the administration. It was noted that she has been involved in all presidential decisions and could provide a comprehensive narrative.
When considering TV and film rights, as well as magazine and newspaper serialization rights, the total earning potential could be even higher. Similar to the lucrative deal the Obamas made with Netflix, it is reported that the streaming giant is interested in making a deal with the vice president.