Replies

The multi-year Obama/Netflix agreement, in the works since at least March, calls on the Obamas “to produce a diverse mix of content, including the potential for scripted series, unscripted series, docuseries, documentaries and features,” which will be broadcast in 190 countries, according to a statement from the streaming service, which has 125 million subscribers around the globe. Netflix received hundreds of résumés and story ideas after announcing the partnership, the source said.

The kindly, compassionate Obamas plan to work on stories that “promote greater empathy and understanding between peoples and help them share their stories with the entire world.”

Netflix says the couple formed Higher Ground Productions LLC to broker the deal. A firm with that name was incorporated in Delaware in April, public records show.

The contract comes a year after the Obamas inked a joint book deal with Penguin Random House valued in excess of $65 million. The first of the deal’s planned books, Michelle Obama’s memoir, “Becoming,” is due out in November.
Since leaving office, Barack Obama has addressed groups across the country, speaking about grassroots organizing and the problems of the poor.

People who retain Obama for talks pay a steep price. After a speech at a health care conference sponsored by Wall Street firm Cantor Fitzgerald in September, Obama reportedly took home $400,000.

In addition to raking in millions on these ventures, the former first couple has been involved in fundraising for the Obama (cough) Foundation, which is developing a $500 million presidential center and library in Chicago.

The Obama (cough) Foundation took in more than $13 million in 2016, an exponential increase from just under $2 million the previous year, federal filings show.