The Obamas set to produce documentaries and series for Netflix

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File Photo U.S. President Barack Obama gestures to himself as he and First Lady Michelle Obama await the arrival of Chinese President Xi Jinping and Madame Peng Liyuan, for a State Dinner at the White House, in Washington, September 25, 2015. REUTERS/Mike Theiler/File Photo

According to reports, Netflix has secured a deal with former US President Barack Obama and First Lady Michelle Obama to produce series and movies for the streaming service. The former first couple will potentially work on scripted and unscripted series as well as docu-series, documentary films, and features under under their new company Higher Ground Productions.

“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 them share their experiences with a wider audience,” said Barack Obama. “That’s why Michelle and I are so excited to partner with Netflix — we hope to cultivate and curate the talented, inspiring, creative voices who are able to promote greater empathy and understanding between peoples, and help them share their stories with the entire world.”

Signing the Obamas is the latest, and by far the biggest, in a string of moves by Netflix to lock up the entertainment industry’s highest-profile producers in exclusive production and development pacts.

Last year, Netflix poached “Grey’s Anatomy” creator Shonda Rhimes from ABC Studios with a deal valued at more than $100 million. “Glee” creator Ryan Murphy jumped from his longtime home at 20th Century Fox Television earlier this year to also join Netflix. Murphy’s deal was reported at the time to be worth as much as $300 million.

It is unknown how much the Obamas’ Netflix agreement  is worth. In March, Penguin Random House signed the couple to a joint book deal that pays them a reported $65 million for their respective memoirs.

“Barack and Michelle Obama are among the world’s most respected and highly-recognized public figures and are uniquely positioned to discover and highlight stories of people who make a difference in their communities and strive to change the world for the better,” said Netflix Chief Content Officer Ted Sarandos. “We are incredibly proud they have chosen to make Netflix the home for their formidable storytelling abilities.”

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