Random House gives Colin Powell the largest biography advance to date.
General Colin Powell reached an agreement with Random House for a $6 million purchase of the rights to his autobiography called My American Journey on Aug. 17, 1993.
From 1987 to 1989, the retired four-star army general served as National Security Adviser under Ronald Reagan. He was appointed as the Chairman of the Joint Chiefs of Staff in 1989 by George H.W. Bush. In 2001, Powell became the first Black U.S Secretary of State.
His book became a best seller for Random House after they won the bidding war between several other publishers.
Random House more than doubled their print order before the autobiography even went on sale.
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