Hmm: Andrew Cuomo Rakes in $783,000 in Royalties on Book That Sold 3,200 Copies in 2016

Posted by on Apr 19, 2017 at 9:13 am
New York Governor Andrew Cuomo tours the Clinton Correctional Facility in Dannemora, New York, in this handout picture taken June 6, 2015. More than 200 local, state and federal law enforcement officials set up roadblocks, took to the air and went door-to-door in their search for Richard Matt, 48, and David Sweat, 34, who went missing early Saturday morning from the Clinton Correctional Facility located about 20 miles (30 km) south of the Canadian border.  Picture taken June 6, 2015. REUTERS/New York State Office of the Governor/Darren McGee/Handout  THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS

We’d say this is suspicious, but we’re talking about a prominent Democrat, so normal rules don’t apply to him. You can’t bet your last nickel if a Republican had such a shady deal it would be national news.

Gov. Andrew M. Cuomo reported his income last year more than doubled from the previous year, thanks to another round of royalty payments on a 2014 HarperCollins memoir that saw lackluster sales.

In all, Cuomo has made $783,000 from HarperCollins for his book. The book sold 3,200 copies since it was published in the fall of 2014, according to tracking company NPD BookScan.

That works out to royalty payments to Cuomo of $245 per book.

“All Things Possible: Setbacks and Success in Politics and Life’’ had an original list price of $29.99. New copies of the hardcover book were being sold Monday on Amazon for $13.05.

Well, with a payoff of $245 per book, all things indeed are possible!

The governor reported an adjusted gross income of $417,748 for last year. That is up from $196,243 the previous year, according to copies of his federal and state tax filings that were shown to reporters at the Capitol on Monday.

Cuomo previously reported – for tax years 2013 and 2014 – approximately $565,000 in income from his memoir deal with the Manhattan-based publisher.

In 2015, he reported no income from the book.

So wait, zero income from a book nobody heard of in 2015 and all of a sudden he hits the jackpot in 2016? Would be interesting to find out who actually bought these books.

In his 2016 tax filings made public Monday, the book royalty income was listed at $218,100.

Asked about the timing of the payments to Cuomo, a HarperCollins spokeswoman said the company does not comment on financial matters involving its book deals.

Cuomo’s government spokesman declined to say how many copies of the book have been sold.

“This payment was contractual and per the agreement with the publisher,’’ Richard Azzopardi, a Cuomo spokesman, said of the book income in 2015.

The Wall Street Journal, which like HarperCollins is owned by News Corp., in 2014 – under the headline “Betting Big on Cuomo’s Memoir” – first reported that the publisher was having an initial print run of 200,000 copies of the Cuomo book.

He’s looking forward to a 2020 run against President Trump because God only knows how much cash he’ll be able to rake in after a failed presidential run.

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3 Responses to “Hmm: Andrew Cuomo Rakes in $783,000 in Royalties on Book That Sold 3,200 Copies in 2016”

  1. High Plains Grifter on 19/19/17 at 12:03 pm

    I always get him mixed up with Bloomberg and his league of felon mayors anti-gun brigade. Oh well they are both from NYC area.
    Remember rules and laws don’t apply to dems, those are only for the little people.

  2. Hank on 19/19/17 at 1:04 pm

    So the publisher is laundering money for the Cuomo Nostra now?

    I know a couple of published authors and they tell me the publisher gets the lion-share of every book sold. So that breakdown of $245 per book is more like $400.

  3. David Crimmins on 19/19/17 at 4:47 pm

    Hmmm. Book sales and bribery. In this case it is so naked I wonder if we will ever know who is doing the bribing.