News

Obama Campaign Bundler Brokered Mega-Million Dollar Netflix Deal

Obama Campaign Bundler Brokered Mega-Million Dollar Netflix Deal

Netflix announced this week it is partnering with Barack and Michelle Obama to develop original content for the video streaming giant — a multi-million dollar deal reportedly brokered by a former Obama presidential campaign fundraiser and administration official.

“Ted Sarandos, a major campaign contributor for Obama and the streaming giant’s creative-content chief who oversees an $8 billion budget, helped to broker the deal, the source told The Post.

Sarandos and his wife, Nicole Avant, bundled nearly $600,000 in contributions to Obama from their friends and associates during the 2012 presidential campaign,” reports the New York Post.

Last week, Obama told attendees of a Las Vegas conference organized cloud software firm Okta that he intends to use Netflix to help “train the next generation of leaders.”

“President Barack Obama and Michelle Obama have entered into a multi-year agreement to produce films and series for the streaming platform, potentially including scripted series, unscripted series, docu-series, documentaries, and features,” Netflix said in a statement of its partnership with the Obamas.

Please Help Us Keep this Site Running

Thank you for the donation

 
 
 
Powered by Stripe
Subscribe to our Newsletter

Latest News, Photos & Videos