Not every book, mind you. I’m talking one book in particular – a book put together by a Congressional panel on the causes of the Great Recession.
The book will be available online for free, yet 5 of the 5 publishing houses approached offered bids for the proposed book. Now there’s a deal in the works with Hachette Book Group’s Little, Brown for an expected December release.
Doesn’t sound a like a big seller to you? Actually, Business Week thinks it will be, saying sales are expected “to be brisk, particularly for the e-book version containing links to documents, audio tapes, and video clips.”
Although this seems to be the first time taxpayers may get some of the money, it’s not the first time government inquiries have been made into books.
The 9/11 Commission Report, published in 2004 by W. W. Norton—which passed on the economic crisis book—holds the record for the genre, with more than 1 million copies in print. The Starr Report, on the investigation of President Bill Clinton's affair with Monica Lewinsky, sold 200,000 copies.Don’t think I’ll be checking my mailbox for a check.