https://twitter.com/HYVEE7/status/1210685913996636166
Obama gave Pearson Publishing $350 million to create Commoncore text and Pearson gave Obama a $65 million dollar book deal in return.
Obama gave Pearson Publishing $350 million to create Commoncore text and Pearson gave Obama a $65 million dollar book deal in return.
The Obamas’ $60m book deal has broken all records. From James Patterson to JK Rowling and Pope John Paul II, here are some of their closest rivals. Pearson Publishing was paid for Commoncore but Penguin Random House Publishing did the Obama book deal. But there is commonality with the two:
From Wiki: Penguin Random House was formed on July 1, 2013, upon the completion of a £2.4 billion transaction between Bertelsmann and Pearson to merge their respective trade publishing companies, Random House and Penguin Group. Bertelsmann and Pearson, the parent companies, owning 53% and 47%, respectively. In July 2017, Pearson agreed to sell a 22% stake in the business to Bertelsmann, thereby retaining a 25% holding.
Quid Pro Quo
Same as Obama’s stance on net net-neutrality benefited Netflix, now Netflix hires Obamas to produce their “Higher Ground” shows to the tune of millions.
https://www.investmentwatchblog.com/obama-gave-pearson-publishing-350-million-to-create-commoncore-text-and-pearson-gave-obama-a-65-million-dollar-book-deal-in-return/