My colleague Jared Paul Stern recently reported
that Hugh Hefner's biography will run $1,300 a figure no doubt made more tempting by the inclusion of selections from Playboy magazine. But will readers pay $1,000 for Ted Kennedy's memoir, "True Compass?" The NY Times Media Decoder blog says
that the publisher, Twelve, an imprint of Grand Central Publishing will issue a limited edition run of 1,000 leather-bound and electronically-signed versions of the memoir. The limited edition will include family photos that are not available in the standard hardcover. The edition will be sold through Hachette Book Group
, the parent company of Grand Central of which Twelve is an imprint. Standard copies will sell for $35 and the book will be released in October.
Kennedy is said to have received $8 million for the book which he wrote with Ron Powers, an author of "Flags of Our Fathers." Kennedy is far from the first political figure with an expensive book. A limited edition of President Clinton's massive "My Life" sold for $350 and a leather-bound version of President Reagan's memoir "An American Life" was sold for $1,500 back in 1990.