EXCLUSIVE: After what has been described to us as a “heated” and crowded auction, William Morrow has nabbed the rights to The Steps, a new memoir penned by veteran actor and three-time Oscar nominee Sylvester Stallone.
William Morrow – a Harper Collin imprint – will publish the memoir in the U.S. next year. The book was sold by UTA to Mauro DePreta at William Morrow.
All parties declined to discuss monetary figures, but sources told us negotiations concluded around a seven-figure sum. The Steps was one of the hottest titles at this year’s buzzy, Hollywood-powered London Book Fair.
Non-fiction heads from all of the publishing industry’s biggest houses chased the project based on the strength of a passage from a sample proposal written by Stallone.
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