THE OBAMAS IN MULTIYEAR NETFLIX PRODUCTION DEAL

Former U.S. President Barack Obama and wife Michelle Obama will produce films and series for Netflix Inc, the streaming service said on Monday, giving the former first family a powerful media platform to shape their post-White House legacy. Under the name Higher Ground Productions, the Obamas have the options to produce scripted and unscripted series, documentaries and feature films, Netflix said in a statement. Terms of the multi-year deal were not disclosed and Netflix did not say when Obama-produced content will be released or give any specific content plans. The…

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