Aspiring authors must cringe every time news of a seven-figure book deal hits the news. With print media in dire straits financially, publishers are after the safe bet. They’re willing to cough up millions for the memoirs of a famous public figure or the latest novel from an established literary superstar who they know will sell a million copies, but that means there’s that much less advance money to go around. Nevertheless, huge book deals make the news often enough to keep starry-eyed writers dreaming of that life-changing payday. Here are 10 lucky recipients of the biggest book advances ever reported.
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