A few days ago news broke of New York Democratic Governor Andrew Cuomo’s fishy book royalties:
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 [All Things Possible: Setbacks and Success in Politics and Life] 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.
It’s not unknown for a political book to get a big advance and bomb. What is unknown is getting big royalties on such a book two years after publication, since it will not have “earned out” it’s advance and thus no royalties should be forthcoming.
So how could a book earn royalties if it wasn’t selling enough copies to according to BookScan?
One possibility is that HarperCollins is somehow passing money on to Cuomo for political favors. Since HarperCollins is owned by Rupert Murdoch’s News Corp., this seems unlikely
Another, far more likely possibility is that Cuomo is pulling a Jim Wright. Wright, then Democratic Speaker of the House, published a slim volume of supposedly pithy aphorisms, Reflections of a Public Man, the vast majority of copies being sold via bulk sales to Wright’s political cronies (including unions) for which he was paid an unheard of 55% royalties on the cover price. Stephen King and J. K. Rowling don’t even get remotely that much per hardback. (E-book sales are a different matter, but physical books still outsell e-books.)
It’s quite likely that bulk sales of Cuomo’s book to unions wouldn’t show up on BookScan, which only tracks regular book channel sales. (Amazon, for example, shows that Cuomo’s book is the 337,666 best-selling book they stock.) And, like Wright’s, those sales would likely count as an illegal campaign contribution, assuming the unions in question had already hit New York state contribution limits.
Even by the standards of the Democratic Party, Cumo has gone out of his way to do special favors for unions.
The book royalty mystery is just another in the long list ethical lapses and corruption swirling around Cuomo. He famously created a commission to root out state corruption, then abruptly shut it down when it got too close to his own honeypots.
Andrew Cuomo is, of course, the son of a far more charismatic New York governor, Mario Cuomo, as well as the brother of CNN host Chris Cuomo. (He also happens to be married to a Kennedy.) If he had any more silver spoons he’d he could open a shop on Martha’s Vineyard. I would suggest that the overclass cease foisting their hellish drop as future politicians, but we all know they’re not going to stop…