Karl Rove, the former top adviser to President George W. Bush, has opted to have his memoir published by Threshold, a conservative imprint of Simon & Schuster that’s led by Republican strategist Mary Matalin.
Before yesterday’s announcement of a deal, industry pundits speculated that Rove would command a $3 million advance. However, no one was commenting on that yesterday, though several suggested that while he likely got a sizable sum, the final price tag never got that high.
The Associated Press, citing industry sources, said the advance was for “more than $1.5 million.”
Most observers were surprised when HarperCollins, the book publishing arm of News Corp. which also owns The Post, dropped out of the running early in the process.
Matalin was widely expected to have a big advantage in securing a deal because of her years working with President Bush and his father.
It is not expected to hit shelves until at least 2009.