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Unreleased Kennedy Memoir Already a Bestseller
It won't be out for nearly four weeks, but Teddy Kennedy's memoir, True Compass, is already a bestseller on Amazon, according to several reports.
The book, written in collaboration with Pulitzer Prize winner Ron Powers, is the ninth-bestselling book on the Internet book superstore and No. 1 in the Biographies and Memoirs sublist. Adam Clymer's 1999 biography of Kennedy—reissued this summer by Harper Perennial—is also selling well on Amazon: It's currently No. 28 in Biographies and Memoirs. Last Lion: The Fall and Rise of Ted Kennedy, edited by Peter S. Canellos (Simon & Schuster), is currently the 75th bestseller on Amazon.
It has yet to appear on the New York Times bestseller list.
Because of the $8 million advance paid by Twelve Publishers, a division of Hachette Book Group, the memoir would have to sell in excess of 685,000 copies to break even, according to the New York Post's Keith Kelly. The book will have a hardcover print run of 1.5 million copies.
Matt Haber is the media blogger for Portfolio.com.
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