Do you have a source that this?
A google search brought up this, not a mention of backing out by Netflix however: http://www.businessinsider.com/netflix-backlash-barack-michelle-obama-deal-conservatives-2018-5
No source. I saw a post in passing. didn’t say the Deal was over but said Netflix was concerned. It was not wishful thinking on my part. I really don’t know much about the Obama/Netflix Deal. would serve them right, thou.
That’s from may check out what happened more recently.
Stock plunges
https://www.cnbc.com/amp/2018/07/17/wall-street-says-netflixs-stock-plunge-is-a-compelling-buying-oppor.html
And missed thier membership goal by about 20%
https://www.pcmag.com/news/362511/netflix-misses-subscriber-growth-target-amid-growing-competi