Newswre: Obamas sign picture deal with Netflix

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Former President Barack Obama and former First Lady Michelle Obama

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Former President Barack Obama and former First Lady Michelle Obama have signed a multi-year, multi-million agreement to produce films and a series with Netflix, the world’s leading internet-service company.
The Obamas will produce a diverse mix of content, including the potential for scripted series, unscripted series, docu-series, documentaries and features for the couple’s newly established Higher Ground Productions, Netflix said in a news release.
“One of the simple joys of our time in public service was getting to meet so many fascinating people from all walks of life and to help share their experiences with a wider audience,” said President Obama.
Michelle Obama said, “Barack and I have always believed in the power of storytelling to inspire us, to make us think differently about the world around us, and to help us open our minds and hearts to others.”
Netflix Chief Content Officer Ted Sarandos said the company is happy the Obamas have chosen to make Netflix home for their storytelling abilities. Terms of the agreement were not disclosed.
Netflix has 125 million members in 190 countries.