Former US Pres Obama, wife strike deal with Netflix; know more

As per the deal, the they will produce films and series for Netflix Inc

Now the Obamas would have option to produce films and other forms of visual media with the Netflix.

The former US President Barack Obama and his wife Michelle Obama struck a deal to this effect.

As per the deal, the they will produce films and series for Netflix Inc.

This was confirmed by the Netflix as well.

Under the name Higher Ground Productions, the Obamas have the option to produce scripted and unscripted series, documentaries and feature films, as per a statement issued by Netflix.

It is not yet clear as to details such as terms of the multi-year deal.

It is also speculated that the first of the programming is not expected to reach viewers until about May 2019.

The agreement between the Obamas and Netflix, which boasts some 125 million subscribers worldwide, is a first for any occupant of the White House.

The Obamas gave no details of the topics they planned to cover but the content is not expected to be directly political.

Netflix, which has budgeted $8 billion for programming in 2018, is also producing Martin Scorseses next film starring Robert De Niro and Al Pacino.

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