The tickets for Michelle Obama's upcoming book tour are selling fast, and at a price that is unheard of in the publishing world.
Obama will be making 12 stops to promote her memoir Becoming, and given the hype around the book will be appearing in arenas such as the Barclay's Center in Brooklyn and TD Garden in Boston.
Tickets for these events are going for as low as $29.95, but for a VIP package fans will have to shell out $3,000 to meet and greet Michelle Obama while also getting a front row seat, their very own photo with the former first lady and a autographed copy of her book.
Those fans will have to hurry however, because despite the jaw-dropping price the VIP package tickets are sold out at almost every venue just hours after going on sale.
General admission went on sale Friday morning, and those tickets went just as fast.
Live Nation, who is handling the tour, has already added two additional dates in Washington DC and Brooklyn, and there is a possibility that more dates could be added still, with the tour not set to kick off until November.
She's back: Michelle Obama (above in June) will be touring the country in support of her memoir Becoming beginning in November, and tickets are almost sold out at every venue
'Truly humbled by the response to my upcoming book tour. I can’t wait to share BECOMING with all of you & hope to see you somewhere along the way!' wrote Obama on Thursday in a Twitter post.
It was also announced that 10 percent of all proceeds from the book tour would be donated to 'local charities, schools, and community groups.'
This is just the latest bit of history Obama is making, having already shattered the record for the biggest contract ever for a debut book.
She and husband Barack Obama were paid $60 million for their post-White House memoirs after an intense bidding war that was ultimately won by Penguin Random House.
That hefty sum would seem to suggest that it will be the publisher, and not Obama, who is set to pocket a majority of the money from this tour.
No book deal has ever come close to paying an author this much money, with the closest example being the the $150million James Patterson reportedly received from Hachette in 2009 as part of a 17-book deal.
That breaks down to a little less than $10million a book, as opposed to he $30million Barack and Michelle each made in their deal.
The amount also eclipses the $15million Bill Clinton was paid for his post-White House memoir My Life which was released in 2004, and the $10million deal score by George W. Bush for the 2010 release Decision Points.
And it is four times more than the reported $14million Hillary Clinton earned for her 2014 release Hard Choices about her time at the State Department.
Hillary received $8million over a decade prior on 2001 for her first memoir, Living History. She was a New York senator at that time and had to have the deal approved by the Senate Ethics Committee.
President Donald Trump meanwhile received just a $500,000 advance for The Art of the Deal, which he split with the ghost writer of the book.
That book has gone on however to earn him millions in royalties, having made its way back on the bestsellers list back in 2004 when he launched The Apprentice and ever since announced his candidacy for president in 2015.
'We are absolutely thrilled to continue our publishing partnership with President and Mrs. Obama,' the chief executive of Penguin Random House, Markus Dohle, said in a statement.
'With their words and their leadership, they changed the world, and every day, with the books we publish at Penguin Random House, we strive to do the same.'
Dohle then added: 'Now, we are very much looking forward to working together with President and Mrs. Obama to make each of their books global publishing events of unprecedented scope and significance.'
As part of the deal penguin will also donate a million books in the Obamas name, a move that might have taken down the price paid in the deal.
Barack previously shared stories from his life in The Audacity of Hope in 2006, which was released a little over two years before he landed in the Oval Office.
Barack has also published the children's book Of Thee I Sing: A Letter to My Daughters and the 2004 memoir Dreams from My Father.
Those books have all performed very nicely for their publisher and Barack, who made $15.6million off all three between 2005 and 2016, according to Forbes.
All post-tax proceeds from the sales for Of Thee I Sing has been donated to Fisher House Foundation since the book's release, an organization that supports families of veterans, in support of a scholarship fund for the children of soldiers who have been wounded or killed in the line of duty.
Link hienalouca.com
https://hienalouca.com/2018/09/21/michelle-obama-charging-3000-for-vip-tickets-during-book-tour/
Main photo article The tickets for Michelle Obama‘s upcoming book tour are selling fast, and at a price that is unheard of in the publishing world.
Obama will be making 12 stops to promote her memoir Becoming, and given the hype around the book will be appearing in arenas such as the Barclay’s Center...
It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.
Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.
Dianne Reeves US News HienaLouca
https://i.dailymail.co.uk/i/newpix/2018/09/21/17/508177BF00000578-0-image-a-17_1537547767194.jpg
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