Former president Barack Obama signs with Netflix for ‘production’ deal

In the final days of the Obama administration, it was reported that Obama was interested in pursuing digital media ventures after he left office.

President ObamaThe Obamas are giving Netflix valuable content that many of the streaming service’s 125 million members may want to watch. And Netflix is giving the Obamas a valuable platform to stay visible in their post-White House years.

Netflix did not specify a timeline. But the company’s announcement of the deal said “the Obamas will produce a diverse mix of content, including the potential for scripted series, unscripted series, docu-series, documentaries and features.”

According to CNN who reported the story, their sources say former president and first lady could be on camera as hosts or moderators, and in other cases they will stay behind the scenes as producers.

The Obamas said Monday that they want to harness “the power of storytelling” to promote common values.

“We hope to cultivate and curate the talented, inspiring, creative voices who are able to promote greater empathy and understanding between peoples, and help them share their stories with the entire world,” Barack Obama said in a statement.

“Netflix’s unparalleled service is a natural fit for the kinds of stories we want to share, and we look forward to starting this exciting new partnership,” Michelle Obama added.

The Obamas now need to hire a team of producers. They have set up a company called Higher Ground Productions “as the entity under which they will produce content for Netflix,” Netflix said.

These types of exclusive production partnerships are common in Hollywood — in fact, Netflix has been attracting a bevy of A-listers, including Shonda Rhimes and Ryan Murphy.

But this is a first-of-its-kind deal for a former U.S. president.

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