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CROWN PUBLISHING GROUP AT PENGUIN RANDOM HOUSE TO BE THE U.S. PUBLISHER OF FORMER U.S. PRESIDENT BARACK OBAMA AND FIRST LADY MICHELLE OBAMA BOOKS

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Maya Mavjee, President and Publisher of Penguin Random House’s Crown Publishing Group, today announced that Crown will publish in the U.S. and Canada two separate books to be written by former President Barack Obama and First Lady Michelle Obama, respectively. Penguin Random House, of which Crown is a part, acquired world publication rights to both books last week from the authors’ representatives, Robert Barnett and Deneen Howell of Williams & Connolly. Terms of the agreement were not disclosed.

Details about the books, including their respective titles and publication dates, will be announced in the future.

Crown previously published President Obama’s multimillion-copy bestsellers Dreams from My Father and The Audacity of Hope, as well as Mrs. Obama’s 2012 illustrated book about the White House kitchen garden, American Grown, which was a #1 New York Times bestseller.

Rachel Klayman, Vice President, Executive Editor, will edit President Obama’s book for Crown.  In 2004, Ms. Klayman spearheaded the paperback reissue of President Obama’s first book, Dreams from My Father, and served as his editor for The Audacity of Hope (2006). The two books have sold nearly 7 million copies to date in the U.S., and were also worldwide bestsellers.

Molly Stern, Senior Vice President and Publisher of the Crown, Hogarth, Crown Archetype, Broadway Books, and Three Rivers Press imprints, will edit Mrs. Obama’s book.

The publication strategy for both books will be led by Crown senior executives David Drake and Tina Constable, who have previously partnered on numerous other noteworthy publications for the Group and who have worked on the previous books by the authors.

Said Ms. Mavjee, “Crown is honored to continue its publishing relationship with President Obama and Mrs. Obama, both of whom are transformative figures in today’s world. They will write deeply inspiring and illuminating books that draw upon their rich personal experience and dedicated public service. Each publication will be a historic event.”

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 nonprofit 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.

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Crown is an imprint of the Crown Publishing Group, a division of Penguin Random House, the world’s largest trade book publisher, is dedicated to its mission of nourishing a universal passion for reading by connecting authors and their writing with readers everywhere. The company, which employs more than 10,000 people globally, was formed on July 1, 2013, by Bertelsmann and Pearson, who own 53 percent and 47 percent, respectively. With nearly 250 independent imprints and brands on five continents, Penguin Random House comprises adult and children’s fiction and nonfiction print and digital English- and Spanish-language trade book publishing businesses in more than 20 countries worldwide. With over 15,000 new titles, and close to 800 million print, audio and eBooks sold annually, Penguin Random House’s publishing lists include more than 60 Nobel Prize laureates and hundreds of the world’s most widely read authors