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Netflix has signed President Barack Obama and Michelle Obama to a multi-year deal to produce films and series, potentially including scripted series, unscripted series, docu-series, documentaries, and features.
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So glad I renewed my subscription!
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What we know, per sources close to the deal:
• This is a high 8-figure deal
.• The Obamas production company is called "Higher Ground Productions."
• The Obamas want to highlight positive stories about people making a difference, they do not want to use it as a platform to take on President Trump (at least directly).
The Big Picture: The deal is a landmark moment for tech's incursion into Hollywood. It's also a coup for Netflix, adding an unmatchable asset to their content portfolio and an edge over the competition.
Meanwhile, the Obamas get an international media platform to advance their causes.
Last edited by Spunky (5/22/2018 6:31 pm)
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Don’t you love how republican heads are exploding everywhere because of this news.