Tuesday, June 15, 2004
Why Bill's Book Cost Him a Fortune
Bill Clinton is taking back the spotlight with
new tell-all book and a provocative documentary that have
the capitol buzzing.
The film, called, "The Hunting of the
President: The Ten year Campaign to Destroy Bill Clinton,"
is co-produced by Hollywood producer and Clinton confidante,
Harry ("Designing Women") Thomason; it chronicles
an alleged nonstop smear campaign to get Clinton out of office,
from an alleged conspiracy behind the Paula Jones sex scandal
to Kenneth Starr's investigation.
The film is sure to spark controversy even as Clinton embarks
on his biggest media blitz since leaving office. Bill was back
at the White House on Monday, as President Bush unveiled Clinton's
new portrait. And Next Monday, Clinton's hyped tell-all book,
"My Life," hits stores. Joked President Bush of his
predecessor's booko, "I could tell you more of the story
but it's coming out in fine bookstores all over America."
The former president was paid $10 million for the memoir, but
according to CNBC's Michelle Caruso-Cabrera, it actually cost
Bill money to write the book. "Bill had to turn down lucrative
speaking engagements," she revealed. "He made $9.5
million in 2002 and only earned $4.4 million in 2003 because
of the engagements he turned down."
Bill and Hillary have both brought millions into the Clinton
family with speeches and her book "Living History,"
but they still owe nearly a million dollars in legal fees from
their Oval Office years. Caruso-Cabrera says a successful printing
of the presidential memoirs could help out. "If the book
is successful, which it probably will be, then you can expect
a sequel," she insisted. "It's just like Hollywood."
Clinton's media tour for the book will include a radio special,
a televised appearance on "60 Minutes," excerpts in
Time Magazine and appearances on "The Today Show"
and "Good Morning America."
And while Bill handles the press, Hollywood is apparently handling
Hillary. Meryl Streep's portrayal of a ruthless senator in the
upcoming Denzel Washington thriller, "The Manchurian Candidate,"
is drawing unflattering comparisons to the Former First Lady.
But while there has been speculation that Streep's performance
might be re-edited, Paramount Studios told "Extra"
that this is not true.
So while they may have left the White House, the Bill and Hillary
power pair certainly hasn't left the spotlight.