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7th October 2008

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RTE's Lee pulls out of Hodder deal

15.07.08

RTE’s George Lee has pulled out of a publishing deal to write a book on the Celtic tiger for Hodder Headline and handed back an advance that was reported to be €100,000, reports the Times.

Lee, the Irish television station’s economics editor, said the uncertainty in the world economy had prompted his decision. “I decided things were too up in a heap globally to commit myself, so I decided to kick the book into touch,” he told the newspaper. “It was a hard decision to pull out, but I think it was the right one. I can’t tell you whether I will pick it up again next year.”

Lee denied the advance he received from Hodder Headline was €100,000, as was reported when he signed up with the publisher in April 2007.

Hodder beat off competition from other publishers in an auction that was held at a time when popular-economics books, such as Freakonomics, were all the rage.

Times

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