Assange strikes $1.3 million deal for memoirs

27 Dec 2010

1

WikiLeaks founder Julian Assange has struck a $1.3 million deal for penning his memoir. He says he is writing the book to keep WikiLeaks going and for covering his legal costs.

Assange achieved global notoriety when his whistleblower web site started releasing more than a quarter of a million diplomatic cables.

The 39-year-old is fighting extradition to Sweden, where he has been accused of sexual misconduct by two women. Assange has denied the allegations.

After his release on bail earlier this month pending extradition proceedings, Assange has been living under virtual house arrest at Ellingham Hall, a Norfolk country mansion. He regularly gives media interviews from there.
Assange told the Sunday Times that he was forced to sign the deal worth more than £1 million for his autobiography due to financial difficulties.

He said he did not want to write the book but had to. He added that he had already spent £200,000 for legal costs and he also needed to defend himself to keep WikiLeaks afloat.

Assange will reportedly receive $800,000 dollars from Alfred A Knopf, his American publisher, while a British deal with Canongate has been valued at £325,000. He added that an estimated £1.1 million would be generated from the deal, including serialisation.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers