Categories: OLD Media Moves

NY Times reporters land seven-figure Facebook book deal

Two New York Times reporters have signed a seven-figure contract to write a book about Facebook, reports Joe Pompeo of Vanity Fair.

Pompeo writes, “I’m told that publishing insiders are buzzing about a deal that Sheera Frenkel and Cecilia Kang have landed for a book based on their Facebook reporting for the Times. According to sources familiar with the matter, HarperCollins was the winning bidder in a competitive auction to acquire a title based on a November 14 Times investigation, headlined ‘Delay, Deny, and Deflect,’ on which Frenkel and Kang were two of the five bylines. One source briefed on the negotiations said it was a seven-figure deal. Adam Eaglin and Elyse Cheney sold the book, which will be edited for the Harper imprint by executive editor and S.V.P. Jennifer Barth. Reached for comment, a HarperCollins spokesperson confirmed the publisher had won North American rights to the as yet untitled book.

“The seven-digit advance is yet more evidence that the market for books by prominent reporters on the political and social upheaval of our current era is superheated. Most of these books have a distinct Trump angle, and, Frenkel and Kang’s won’t be an exception. Their reporting on Facebook for the Times explored Trump’s personal Facebook activity and Russia’s manipulation of the social network during the 2016 campaigns, as well as Facebook’s involvement with Cambridge Analytica, now notorious for its close ties to Trump.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

Recent Posts

Dynamo hires former Business Insider executive editor Harrington

Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…

16 hours ago

Bloomberg TV hires Kerubo as desk producer

Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…

17 hours ago

Jittery CNBC staff reassured by new boss

In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…

17 hours ago

Making business news accessible to a wider audience

Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…

17 hours ago

Rest of World hires Lo as China reporter

Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…

18 hours ago

Bloomberg rises to No. 7 biz news website

Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…

18 hours ago