Plenty of people write memoirs, thinking that their life story is fascinating because they survived alcoholism, abuse, dyslexia, et al. Then they try to find a literary agent to represent them to the publishers, and no one is the least bit interested.
You wouldn't think that Susan Boyle, she of the remarkable voice and some of the talent that England has, would have enough stuff to fluff out an entire book, but she managed to get a literary agent, who's already contacted his U.S. counterpart.
Richard Pine is setting up an auction, and given the short period of time that Ms. Boyle is a hot commodity, he'll move quickly. The idea is to have publishers bid ever higher in their determination to win the prize, and then they'll lay the book down in no time and everyone will buy a copy.
That's the idea. An anonymous editor at one of the potential publishing houses has said that there's a story there, but it's a short one.
If millions are spent to buy the book, and it doesn't sell, then millions will be lost. Risky, a big gamble, and one that means less money available to buy up your little novel that might sell through, but you don't have the star power of Susan Boyle and everyone loves a platform.
For now, there's plenty of talk and rumor. In the end, there may not be a big offer made, but you can rest assured that someone will snap up Ms. Boyle's as yet unwritten memoir. Even a limited market is better than none at all, especially when the author has gone viral.
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