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Report: Martha plans prison book
Report says book deal about Stewart's five months in federal prison could be worth $5M.
October 14, 2004: 7:30 AM EDT

NEW YORK (CNN/Money) - Imprisoned domestic diva Martha Stewart is considering doing a book on her experience in federal prison, according to a published report.

New York magazine reported on its Web site that lawyers working on behalf of Stewart have been quietly approaching book publishing executives about some sort of memoir. Stewart began serving a five-month term at the minimum security prison in Alderson, W. Va. on Oct. 8, although she continues to appeal her conviction on federal obstruction of justice charges.

The magazine said the book deal could be worth more than $5 million.

"The money is getting very high, but she could deliver it when she came out and have it out by the summer," one unidentified source told the magazine.

The magazine said that Crown is emerging as a strong contender. Crown is a unit of Random House, which is a unit of German media conglomerate Bertelsmann. The magazine had no comments from Stewart's spokespersons.

The magazine said initial plans for the book were for a "prison diary," but that further discussions suggest the book might reach further back than that.

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It said that lawyers started pitching the book during the Frankfurt Book Fair during the week of Oct. 4, just before she reported to prison.  Top of page




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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.