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Stephanopoulos in $2.75 mil book deal

NEW YORK – In one of the larger publishing deals of the year, senior presidential adviser George Stephanopoulos landed an advance of $2.75 million from Little, Brown & Co. for his memoirs, sources said. Stephanopoulos, who has been a key member of President Clinton’s political machine since Clinton was governor of Arkansas mulling a White House run eight years ago, will begin writing the memoirs once he leaves public office in the next two weeks. The book will be published in late ’97 or early ’98.

Stephanopoulos completed the publishing deal just after landing a teaching job at Columbia U., as well as a job as political correspondent with ABC. After seven-figure sums were paid to the comparatively scandalous political advisers Dick Morris and Ed Rollins, the squeaky-clean Stephanopoulos had publishers salivating after he visited them recently. Over six days, an initial field of about 12 bidders narrowed to three: Little, Brown; Simon & Schuster; and Doubleday. Stephanopoulos chose the Time Warner-based publisher late Monday.

He’ll write the book under the supervision of Little, Brown editorial director Fredrica S. Friedman, a well-regarded editor who has edited memoirs by Henry Kissinger and Dan Rather. Stephanopoulos was represented by D.C.-based attorney Robert Barnett of Williams & Connolly. None of the principals could be reached for comment.

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