24-07-21, 16:52
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re: ENOUGH-Queen Goes Legal To Stop Meghan & Harry Attacks
Prince Harry Has Signed Deal For Four Books With One Released After Queen Dies....
Prince Harry's memoir is to be the first of the four-book deal with Penguin Random House worth up to £29million - with the final work to be saved for after the Queen's death, it has been claimed
Daily Mirror UK, 24 JUL 2021
Prince Harry is understood to have signed a four-book deal with Penguin Random House (Image: Getty Images)
Prince Harry's new memoir is part of a lucrative four-book deal, one of which won't be released until after the Queen has died, it has been claimed.
The Duke of Sussex's announcement this week that he had penned a memoir about life in the Royal Family is just the "tip of the iceberg", according to industry insiders.
Following something of a bidding war among publishing houses, the final figure is understood to have reached up to £29 million after a reported starting point of £18million, set by Harry himself.
The initial book, announced on Wednesday, is due for release by Penguin Random House next year, coinciding with Her Majesty's Platinum Jubilee celebrations.
The Duke's wife Meghan Markle is set to write a wellness guide as part of the contract and he will write a second, while little is known about the final title or who will write it.
Harry, 36, is said to have "led" negotiations over the deal from his home in California with two publishers understood to have flown to London to meet him.
Others then participated in an online auction, it has been reported.
The deal comes with Harry and Meghan, 39, having already signed multi-pound deals with the likes of Netflix and Spotify after stepping down as senior royals in March 2019.
A publishing insider told the Daily Mail the prince's negotiating style was of the "take it or leave it" variety.
"Those involved were actually very shocked by his approach, which was to look at them coldly and state his demands: $25million," they explained.
The source said the "most shocking" part of the deal is that Harry will wait to pen his second book until after his grandmother has died.
"People [will] start asking, naturally: what has he got, who is he going to target?" they said, adding it appeared in "very bad taste".
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