NEW YORK CITY, February 28, 2017— Penguin Random House is pleased to announce that it will publish forthcoming books by former President of the United States Barack Obama and former First Lady Michelle Obama. Penguin Random House CEO Markus Dohle announced today that the company has acquired world publication rights for two books, to be written by President and Mrs. Obama respectively. Terms of the agreement, in which the authors were represented by Robert Barnett and Deneen Howell of Williams & Connolly, were not disclosed.
In support of the mission of The Obama Foundation and Penguin Random House’s own commitment to social responsibility, the company will donate one million books in the Obama family’s name to First Book, a longstanding Penguin Random House non-profit partner and the Washington, DC-based partner for the 2016 White House digital education initiative, Open eBooks. First Book is dedicated to promoting equal access to education by providing new books, learning materials, and other essentials to children in need in the United States and Canada. Consistent with their past practice, the Obamas also plan to donate a significant portion of their author proceeds to charity, including the Obama Foundation.
Markus Dohle said: ”We are absolutely thrilled to continue our publishing partnership with President and Mrs. Obama. With their words and their leadership, they changed the world, and every day, with the books we publish at Penguin Random House, we strive to do the same. Now, we are very much looking forward to working together with President and Mrs. Obama to make each of their books global publishing events of unprecedented scope and significance.”
About First Book
First Book transforms the lives of children in need. Through a sustainable, market-driven model, First Book is creating equal access to quality education — making everything from brand-new, high-quality books and educational resources, to sports equipment and snacks, affordable to its member network of more than 325,000 educators who exclusively serve kids in need. Since 1992, First Book has distributed more than 160 million books and educational resources to programs and schools serving children from low-income families in more than 30 countries. First Book currently reaches an average of 3 million children every year and supports more than one in four of the estimated 1.3 million educators serving children in need. With an additional 1,000 educators joining each week, First Book is the largest and fastest-growing network of educators in the United States exclusively serving kids in need.
Eligible educators, librarians, providers, and others serving children in need can sign up at firstbook.org/register. For more information, please visit firstbook.org or follow the latest news on Facebook and Twitter.