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Obamas sign rumored $60-million book deal with Penguin Random House

Obamas sign rumored $60-million book deal with Penguin Random House

Don’t say the Obamas haven’t been busy since they left the White House.

Bidding for the publishing rights to books from former President Barack Obama and First Lady Michelle Obama has hit the $60-million mark, according to a report in the Financial Times.

On Tuesday evening, Penguin Random House announced that it had landed the deal. The world’s largest publisher did not note which of its imprints would release the books and didn’t disclose the amount of the deal.

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