Obamas Sign Book Deal With Penguin Random House

Obama

Penguin Random House has signed a book deal with former President Barack Obama and the former first lady Michelle Obama:

The terms of the agreement were not disclosed, but publishing industry executives with knowledge of the bidding process said it probably stretched well into eight figures. Robert B. Barnett and Deneen C. Howell of Williams & Connolly represented the Obamas.

Penguin Random House acquired world rights to the books, and worldwide sales could be substantial. No decision has been made yet as to which of the company’s major imprints — which include Random House, Doubleday, Alfred A. Knopf and Crown — will publish the books. Mr. Obama’s previous books were published by Crown, which also published Mrs. Obama’s book “American Grown,” about the White House garden.

Craigslist Is Ugly, Janky, Old School…and Unbeatable

Justin Peters, writing for Backchannel:

Craigslist remains good enough, and that’s a big problem for its competitors. Buying and selling used furniture isn’t something that you do every day, or even every month. It’s a sporadic activity, which means that most people will have limited opportunities to become familiar with AptDeco and its fellow startups. “I think that most people use Craigslist because they don’t think they have another choice,” says Fagiri. “So, ultimately, you know, we provide a better service than Craigslist.” Though that might be true, it also might not be enough.

YouTube TV

YouTube

YouTube has announced their new live TV offering dubbed “YouTube TV”:

Well, we’ve got some good news! We’re bringing the best of the YouTube experience to live TV. To do this, we’ve worked closely with our network and affiliate partners to evolve TV for the way we watch today.

And:

A YouTube TV membership is only $35 a month and there are no commitments—you can cancel anytime.

Interesting.