Obama something like $50-$60 million. But they sure didn’t get much for that huge amount of money! Obama stiffed them. Plain and simple. Then again, maybe that was the whole intent. It was simply payola.
Google said: The exact financial terms of Barack and Michelle Obama’s multi-year deal with Netflix were not officially disclosed, but reports suggest it was a lucrative, “high 8-figure” deal. Some industry estimates valued the production partnership at over $50 million.
Boy, that’s a lot of money!
So what did Netflix get out of its deal with the Obamas, other than all the political goodies that come with this kind of insider status?
Well, from where I sit… not a whole lot. There were three feature films. About ten streaming series no one has heard of. A half dozen documentaries. Because they are the Obamas, this content received all kinds of attention from the idiots who hand out awards, including a Best Documentary Oscar win. What I don’t see is a single iconic title. So what did Netflix get out of its deal with the Obamas, other than all the political goodies that come with this kind of insider status?
