“Valerie Wilson, the former Central Intelligence Agency officer whose identity was publicly disclosed three years ago, has agreed to sell her memoir for a little more than $2.5 million, according to people involved in the bidding process for the book.
The book, whose working title is "Fair Game," is scheduled to be published in the fall of 2007 by Crown Publishing, an imprint of Random House. Steve Ross, senior vice president and publisher of Crown, said the book would be Ms. Wilson's "first airing of her actual role in the American intelligence community, as well as the prominence of her role in the lead-up to the war."
I am very cynical about some of these book deals. Is it likely that the publisher will ever earn a sufficient return on their investment? How many books must be sold merely to cover a $2.5 dollar advance? Am I right to suspect that this is merely a tacit way to reward a hero of the liberal establishment? So what if it loses money. The publishing house is often owned by a major corporation which can readily write it off for tax purposes.