Barack and Michelle Obama sign book deals

Barack and Michelle Obama sign book deals

Former President Barack ObamaBarack Hussein ObamaGeorge W. Bush honors father at benefit for hurricane victims Dem senator: ‘I miss every one of’ our last 5 presidents All five living former presidents appear at hurricane relief benefit concert MORE and first lady Michelle ObamaMichelle LeVaughn Robinson ObamaMichelle Obama criticizes lack of diversity in politics: one side is 'all white, all men' Obama interrupts Michelle's appearance with 25th anniversary tribute Michelle Obama: Young people feel what's happening now 'not what they were taught' MORE have signed book deals with Penguin Random House, the publisher announced Tuesday, according to multiple reports.

"We are absolutely thrilled to continue our publishing partnership with President and Mrs. Obama," Penguin CEO Markus Dohle said in a statement, according to The Associated Press.

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"With their words and their leadership, they changed the world, and every day, with the books we publish at Penguin Random House, we strive to do the same."

Dohle said the publisher is looking forward to working with the former president and first lady to "make each of their books global publishing events of unprecedented scope and significance."

In the past, the Obamas have published books through Crown, a Penguin imprint.

The former president has written "Dreams from My Father" and "The Audacity of Hope," while the former first lady wrote a book about food and gardening called "American Grown," released in 2012.

There were no details yet on the titles and publishing dates for their latest books. The financial terms of the deals were not disclosed, though have been pegged as likely in the tens of millions of dollars.

The book deals follow a reported bidding war over the global rights to two books from the Obamas that topped $60 million, the Financial Times reported earlier Tuesday.