Karen Read’s prominent murder trial might cost her millions. Regardless of Read being jobless, specialists state there might be methods she can make some required money, particularly with a book offer.
The previous accessory teacher at Bentley University and an equity expert at Fidelity Investments was acquitted of all homicide-related charges in the 2022 death of her previous sweetheart, Boston Policeman John O’Keefe. She will be on probation for a year for driving while intoxicated.
Regardless of the vindication after her 2nd trial, Read needs to pay her high-powered defense group that protected the innocent decisions on the most severe charges.
In October 2024, Read informed Vanity Fair she currently owed more than $5 million in deferred costs to her legal group. That was before her 2nd trial even started.
KAREN READ JURY QUESTIONS SUGGEST SAME LEGAL PROBLEM AS IN 2015’S MISTRIAL
” Now that Karen Read has actually been discovered not guilty, there is a clear course for her to land a significant book offer, rapidly. Her case has actually mesmerized nationwide attention not even if of the awful death, however since of the explosive claims of a cover-up, her undeviating pronouncement of innocence and the grassroots motion that rallied around her,” Lauren Cobello, author and CEO of Utilize with Media PR, informed FOX Organization.
” In publishing, that level of limelights integrated with vindication in court is precisely what drives interest when it concerns protecting a book offer,” Cobello stated, approximating Read might get a considerable book advance in the mid-to-high six-figure variety if there is a strong co-writer and a media trip.
” However beyond the cash, what makes this minute so engaging from a publishing viewpoint is that Karen Read’s story represents more than simply a real criminal activity story,” she stated. “It use larger concerns about justice, power and public understanding. Those are the kinds of stories both publishers and readers are starving for.”
SECOND KAREN READ JUROR FAULTS ‘CARELESS AUTHORITIES EXAMINATION’ IN JOHN O’KEEFE MURDER CASE
Another executive in the publishing market informed FOX Organization the very first concern that concerns an editor’s mind with somebody like Karen Read, who talked to the media throughout the trial, consisting of a five-episode documentary on Max, is whether there is anything brand-new?
” You’re going to have editors in the space … who resemble, ‘Well, what’s delegated inform?'” the executive stated. “What is going to remain in this book? What’s going to get them back on ‘Excellent Early Morning America’ when the book comes out?
” The other concern will be, ‘Will we look atrocious for doing it?'”
Nevertheless, previous books about such cases have actually had excellent sales numbers. After Amanda Knox’s book, “Waiting to Be Heard,” was released in 2013, it offered 72,946 paper copies. That’s a remarkable task considered that the average non-fiction book from a significant publishing home offers around 9,000 paper copies, according to the executive.
Those figures describe life sales, though a lot of non-fiction books offer all their copies in the very first couple of months of being launched.
When factoring all platforms, consisting of paper copy and e-book formats, Knox’s book offered over 200,000 copies. If an author gets about $4 per difficult cover offered, the executive approximated Knox might have made almost $300,000 on that format alone.
Another example is Gypsy Rose’s book, “My Time to Stand: A Narrative,” which, released in 2024, offered 12,000 paper copies. While it’s not as considerable as Knox’s book, it’s still well above the average non-fiction book from a significant publishing home, the executive kept in mind.
Another publishing expert informed FOX Organization that, aside from a possibly healthy advance and an agreement for special English-language circulation rights of her book, Read might likewise land a television or film offer “considering that streaming platforms will be champing at the bit for a documentary or a movie script.”
While they do not believe Read would get an advance comparable to somebody like Hillary Clinton, the publishing expert stated it’s likewise not out of the concern for her to get anywhere in between $60,000 and $150,000 in advance, with marketing and PR looks detailed in her agreement.
Source: Fox News.
