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Entries in Book (3)

Thursday
Feb232012

J.K. Rowling to Write New Book for Adults

Jon Furniss/WireImage(LONDON) -- J.K. Rowling, the author of the much-celebrated and best-selling Harry Potter book series, announced Thursday that she will return to writing, this time for adults.

Rowling, who’s massively popular Potter series has sold roughly 450 million copies worldwide, announced that she has reached an agreement with publisher Little, Brown and Company. The details of the agreement, including the name, release date and plot of the novel, were not announced.

The deal marks a change in publisher for Rowling, who had previously found success working with Bloomsbury in the U.K. and Scholastic in the United States.

“Although I’ve enjoyed writing it every bit as much, my next book will be very different to the Harry Potter series, which has been published so brilliantly by Bloomsbury and my other publishers around the world,” Rowling said in a statement released by Little, Brown. “The freedom to explore new territory is a gift that Harry’s success has brought me, and with that new territory it seemed a logical progression to have a new publisher. I am delighted to have a second publishing home in Little, Brown, and a publishing team that will be a great partner in this new phase of my writing life.”

Both Scholastic and Bloomsbury noted their relationships with Rowling remained strong and that they would continue to publish her children’s books, including the Potter series.

Copyright 2012 ABC News Radio

Monday
Oct312011

Madoff Family Book's Profits Spark Anger from Victims

Mario Tama/Getty Images(NEW YORK) -- Andrew and Ruth Madoff, the son and wife of convicted Ponzi schemer Bernie Madoff, will not receive any money from a new book about the Madoff family in which they participated. But Catherine Hooper, the woman who's been engaged to Andrew and living with him for the past three years, will profit from the project, which angers some of the victims of Bernie Madoff's multi-billion-dollar investment fraud.

"I personally do not feel that any profits from the new book should in any way go to Ms. Hooper, who is future Madoff family, or should any other member of the Madoff family benefit from this crime," Lynn Sustak, whose retirement savings were wiped out due to Madoff, told ABC News. She and her husband invested with Bernie Madoff starting in 2003.

"All Madoff money should be donated to the real victims -- of course," another victim, Marcia Cohen, wrote in an email to ABC News.

Alexis Neely, the founder of the Family Wealth Planning Institute, told ABC News it was "smart" for Hooper to receive profits, and not Andrew or Ruth Madoff. Andrew Madoff faces a multi-million-dollar lawsuit from the trustee appointed to recover money for victims of the investment fraud.

"It would be a pretty bad idea for her to marry him at this point," said Neely.

"If it wasn't intentional it was a happy accident," added Neely. "But I would imagine it was intentional. It's definitely asset protection I would advise my clients to put in place in a similar situation."

Hooper, reportedly the driving force behind the book within the Madoff camp, is the only person associated with the Madoffs who will receive profits from Truth and Consequences: Life Inside the Madoff Family, written by journalist and author Laurie Sandell and based on interviews with Andrew and Ruth.

Hooper moved in with Andrew and became engaged to him just weeks before December 10, 2008, when Bernie confessed what he'd done to sons Andrew and Mark and they turned him in to the FBI.

After witnessing the backlash against Andrew and Mark, Hooper allegedly conceived the idea for the book. Mark Madoff committed suicide on Dec. 10, 2010, the second anniversary of the collapse of the fraud.

While Bernard Madoff is serving a maximum sentence of 150 years in a federal prison in North Carolina, a number of Madoff family members are being sued by a court-appointed trustee liquidating Madoff's business. The suit, filed in October 2009, seeks at least $198.7 million from Madoff's brother, sons, and niece. Andrew Madoff is named in the suit for allegedly having over $60 million in fraudulent transfers from Bernard L. Madoff Investment Services.

Stephanie Mack Madoff, the wife and widow of Mark Madoff, has been the only other Madoff to write a book and tell her story. She released a book earlier this month, The End of Normal: A Wife's Anguish, A Widow's New Life, released in October by Blue Rider Press.  

Bruce Hector, 68, a victim of the Madoff scheme, said he felt sympathy for the Madoff family and said their claims of innocence and ignorance of Madoff's fraud scheme seemed credible.

"The family has to live with their name the rest of their life," Hector, a physician, said. "The Madoff name is going for the remainder of this century to be associated with scandal. And those kids have got to live with that. I can sympathize with that. If they make a little money on a book, who cares."

Another Madoff victim, Neil Friedman, said he was also more concerned with the "injustice that victims have been subjected to by the trustee, Securities Investor Protection Corporation, and the government."

"I believe that the family, if innocent, has the right to make money telling their story in a book," Friedman wrote in an email to ABC News.

Copyright 2011 ABC News Radio

Wednesday
Jul062011

Casey Anthony Could Make $750,000 in Book Deal

ABC News(ORLANDO, Fla.) -- Casey Anthony may be one of the most vilified women in the country right now, but if she plays her cards right, she could also become one of the richest.

Literary agents and publicists contacted by ABC News said that the 25-year-old mother, who on Tuesday was found not guilty of murdering her 2-year-old daughter, could make upwards of $750,000 with a book deal. It's likely that television and movie producers will also compete to score a coveted first interview and rights to Anthony's life story.

"Anything to do with a mother and a dead child tends to attract lots of attention," said Linda Konner, a New York City-based literary agent who has brokered deals for actors, singers and lawmakers. "I think there will be some frenzy among publishers to acquire her book."

Konner said that it's "not impossible" to expect Anthony to get an advance between $750,000 and $1 million for her memoirs. On top of that, Anthony would receive a cut from the sales of the book. If a TV or film studio acquires the rights to it, she would profit even more.

Ostensibly, Anthony could make this money while in prison. Her maximum sentence -- four years in prison for lying to law enforcement -- doesn't bar her from making book, movie or TV deals. Her ensuing probation will also not affect her ability to capitalize on the case.

Anthony has expressed interest in writing a book. In a letter written to her jail house friend Robyn Adams during her two-and-a-half year-long prison stay, Anthony referred to a book she dreamt of penning, describing it as a "partial memoir/comedy/relationship advice book for those not in the know." She added that it would be a way to settle many rumors and to share insight about love, life and God.

Konner speculated that Anthony's book could sell well, with a caveat.

"Because she got off, she is being viewed by some segment of the population as innocent," she said. "Readers want to read books about people who are sympathetic. But part of the problem is that so much of the story has been told. We may not have heard all of it, but there's been so much media coverage that it actually hurts her in terms of book possibilities."

TV interviews are another potential source of profit. Roger Neal, a Hollywood publicist whose past clients include Donny Osmond and Bob Hope, speculated that there will be a bidding war between broadcast and cable shows to secure Anthony's first sit-down. He also sees the potential for a reality TV show in Anthony's future.

Copyright 2011 ABC News Radio







ABC News Radio