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Politics : Formerly About Advanced Micro Devices

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To: Bill who wrote (1070961)5/25/2018 3:46:06 PM
From: Mongo2116  Read Replies (1) of 1573092
 
don't forget to tune in and learn something

The Obamas Will Drive Another Growth Surge at NetflixNetflix's latest blockbuster deal should help reel in a new group of subscribers.

Jeremy Bowman
( TMFHobo)

May 25, 2018 at 3:05PM

It's official. The Obamas are coming to a stream near you.

Months after rumors broke that the presidential couple could team up with Netflix ( NASDAQ:NFLX), the world's leading streamer confirmed the news earlier this week. Netflix said that the former President and First Lady "have entered into a multi-year agreement to produce films and series with Netflix." The couple will "produce a diverse mix of content, including the potential for scripted series, unscripted series, docu-series, documentaries and features."

Shareholders applauded the move as the stock rose both when the initial rumors came out and when the news was confirmed. It's unclear specifically what kind of content the Obamas will air, but the pair said they intend to use their newfound platform to "promote empathy and understanding" across different peoples and cultures in the world. Netflix's global reach, with 125 million subscribers around the world, should give them an excellent vehicle for doing so.

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