One other (very) large deal for Netflix: Former U.S. President Barack Obama and Michelle Obama have reached an settlement to provide movies and collection for the streaming service.
The New York Times first reported in March that the Obamas were in “advanced negotiations” with Netflix. The purpose, supposedly, was much less about criticizing the Trump Administration or selling any particular political message, and extra about highlighting inspirational tales.
Netflix’s official announcement makes it sound like that continues to be what the Obamas take into consideration, with Chief Content material Officer Ted Sarandos describing them as “uniquely positioned to find and spotlight tales of people that make a distinction of their communities and attempt to alter the world for the higher.”
The Obamas have shaped an organization referred to as Larger Floor Productions to create this content material.
The monetary phrases of the deal weren’t disclosed, however Netflix has deep pockets and has proven a willingness to jot down very large checks. It says the Obamas would possibly produce “scripted collection, unscripted collection, docu-series, documentaries and options” — so principally any form of audiovisual content material.
In a press release, Mr. Obama mentioned:
One of many easy joys of our time in public service was getting to fulfill so many desirable individuals from all walks of life, and to assist them share their experiences with a wider viewers. That’s why Michelle and I are so excited to accomplice with Netflix – we hope to domesticate and curate the gifted, inspiring, inventive voices who’re in a position to promote better empathy and understanding between peoples, and assist them share their tales with all the world.
Michelle Obama’s memoir Changing into is scheduled for publication in November, whereas Barack Obama is predicted to launch a brand new memoir as effectively below the identical deal. He’s saved a comparatively low profile since leaving workplace, however he did make a recent appearance as the first guest David Letterman’s Netflix interview show My Subsequent Visitor Wants No Introduction.