Palin’s Book Sells a Staggering 300,000 Copies in First Day
Not bad for a supposed country bumpkin and hick who is so “stupid” that the Left has to make up plagarized copies of her book so that they can try to make money off of her coattails.
From The Daily Beast: (Hat Tip: Stop the ACLU)
Going Rogue is going gangbusters, and it looks like both Palin and her publisher, HarperCollins, are going to make some serious money off of it. According to industry insiders, Palin got a $7 million advance for her book. She’s earning a royalty rate of 15 percent, which means she makes $4.35 per book sold, and therefore needs to sell 1.6 million books to earn out her advance. The Wall Street Journal reported Wednesday that HarperCollins had printed another 100,000 copies of Going Rogue, bringing the total in print to 1.6 million. Palin would need to sell all of those to earn out her advance, so it’s unlikely that’s going to happen.
But HarperCollins will be making money long before that. There’s a rule of thumb in the industry that publishers net about $10 per hardcover sold, after expenses, but before the cost of theadvance. Once she’s sold 700,000 copies, then, HarperCollins is in the black. And what of that 1.6 million printed? An ideal “sell-through” rate is about 75 percent, which means HarperCollins thinks it’s going to sell about 1.2 million copies. At that level, Palin will have made $7 million and HarperCollins $5 million of its own.
A HarperCollins insider told The Daily Beast that the book sold a staggering 300,000 copies on the first day alone, which was Tuesday. “Sales are phenomenal, and we are convinced that the book will continue to sell phenomenally for some time to come,” says the insider. They’re not prevaricating: As of 2:30pm today, the book was #1 on Amazon, ahead of both Stephen King’s new novel, Under the Dome, and Dan Brown’s The Lost Symbol. The latter sold 1 million copies on its first day, but that figure included the UK, and top fiction generally trumps non-fiction. Any way you carve it, GoingRogue looks to be a $12 million goldmine.
And as Obama’s numbers begin to plummet so much that even Gallup is no longer trying to hide it, Palin’s are rising.
Despite being characterized by many as a divisive force in her party and the nation, former vice-presidential contender Sarah Palin gets a much higher positive rating than Speaker of the House Nancy Pelosi — and most think Palin has been treated unfairly by the press.
As Sarah Palin blankets the media on a whirlwind book promotion tour, the former vice-presidential contender is clearly back on America’s radar screen. Despite being characterized by many as a divisive force in her party and the nation, Americans are much more likely to give Palin a positive rating (47 percent favorable) than another prominent female leader — Speaker of the House Nancy Pelosi (28 percent favorable). Moreover, about six in 10 Americans (61 percent) think Palin has been treated unfairly by the press, according to the latest Fox News poll.
47 percent. That is about where Obama is right now. Think about that for moment. A man who was and still is given a free pass on EVERYTHING and ANYTHING is limping along with the worst poll numbers at this point into a first term presidency since modern polling began. While a woman who underwent the worst political and media gangrape in modern times is already tied with him and only going up.
Oh by the way, she actually wrote her book.
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