President Obama’s Netflix Deal Is Reportedly Worth $50 Million

Former President Barack Obama and former First Lady Michelle Obama have signed a deal with Netflix to bring the Obama brand to Netflix and produce a plethora of content.

While no official announcement has been made on what the Obamas will be bringing to Netflix, there are reports going around that we will see everything from documentaries to sitcoms being developed.

The Obamas created Higher Ground Productions, LLC as the production house to create these shows for Netflix. The deal is being reported to be worth $50 Million.