Oprah Winfrey is gearing up to release a memoir. It’s called ‘The Life You Want‘ and will be published in January 2017. According to The Hollywood Reporter it’s likely Oprah ‘netted one of the largest advances in publishing history’ for her story. They say it’s in the 8-figure range.
In a statement Winfrey said she hopes her story “inspires other people to live the highest, fullest expression of themselves” and that “anyone can put their life on a new trajectory.” She added the book will feature never before told stories, “even the painful ones.” Winfrey is said to be in the very earliest stages of the writing process.
As part of the deal, Winfrey is also starting her own publishing imprint at Macmillan. The untitled line will focus on nonfiction and publish a handful of titles a year.
In a release Bob Miller, president and publisher of Flatiron Books, called the memoir “a remarkable combination of Oprah’s life story and the lessons we can all draw from it for our personal growth.” He added, “We’re also thrilled to give a home to Oprah’s imprint titles. We all know how extraordinary Oprah’s instincts are when it comes to choosing books, instincts borne of her lifelong love of reading and the power of the written word.”
Terms of the deal were not disclosed but a Winfrey book likely netted one of the largest advances in publishing history. With the possible exception of Barbra Streisand there’s no entertainment figure whose life story would generate as much interest — or as large an advance — as Oprah’s memoir.
Instead the most appropriate comparisons would be to former First Lady and current Democratic presidential candidate Hilary Clinton, who got $8 million for her White House memoir and a reported $14 million for a book about her time as President Obama’s secretary of state. Her husband, former President Bill Clinton, got $15 million for his White House memoir.
We can’t wait to read it.