Wednesday, March 11, 2009

Audrey Niffenegger Receives $5 Million Advance for Second Novel

Six years after the publication of her blockbuster best-selling novel, “The Time Traveler’s Wife,” Audrey Niffenegger has sold a new manuscript for close to $5 million, according to people with knowledge of the negotiations. It is an especially significant sum at a time of retrenchment and economic uncertainty in the publishing world.

After a fiercely contested auction, Scribner, a unit of Simon & Schuster, bought the rights to publish the new novel, “Her Fearful Symmetry,” in the United States this fall. The book is a supernatural story about twins who inherit an apartment near a London cemetery and become embroiled in the lives of the building’s other residents and the ghost of their aunt, who left them the flat.

- Motoko Rich, The New York Times

Read the rest of the article here.

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