Kennedy Memoirs Said to Fetch $8 Million

Source: NYT

Senator Edward M. Kennedy, the most prominent surviving member of the Kennedy family, has agreed to sell his memoirs for an advance of more than $8 million, people with knowledge of the negotiations say.

After a six-day auction that concluded Nov. 19, Twelve, an imprint of Grand Central Publishing, bought world rights for the autobiography. Before the deal can be completed, Mr. Kennedy must clear his publishing contract with the Senate Ethics Committee.

Jonathan Karp, publisher and editor in chief of Twelve, said he hoped to publish the book in the fall of 2010. Mr. Kennedy is “walking, talking history,” Mr. Karp said, “and there’s no limit to what he can talk about with authority and distinctive personal perspective.”

Mr. Kennedy, 75, was first elected as Democratic senator from Massachusetts for a partial term in 1962 after his brother John F. Kennedy became president. He was then elected to eight full terms and ranks second only to Senator Robert C. Byrd, Democrat of West Virginia, in length of service.

Read more: http://www.nytimes.com/2007/11/27/us/27kennedy.html?ex=1196744400&en=8323b54313d75e0a&ei=5099&partner=TOPIXNEWS

Many more years, Teddy lad. Many more years!