Obama's production company Higher Ground to end exclusive deal with Spotify
Former US President Barack Obama and Michelle
Obama's media company is reportedly ending its exclusive podcast deal with
Swedish music streaming service Spotify.
According to a CNN report citing sources, Higher Ground, the
production company run by the former President and First Lady, is seeking a
multi-million deal elsewhere as their deal with Spotify expires this
year.
Higher Ground is reportedly negotiating with Amazon's Audible and
iHeartMedia, the media reports said late on Wednesday.
The Obamas signed a deal with Spotify in 2019,
streaming podcasts like "The Michelle Obama Podcast"
and the Barack Obama-Bruce Springsteen programme "Renegades: Born in the
USA".
They also signed a deal with Netflix in 2018.
"The deal with Spotify is set to expire at the end of this
year when the final series from Higher Ground is scheduled to be
released," the person familiar with the matter who spoke with CNN said.
Neither Spotify nor the Obamas have confirmed the development.
The Obamas are exiting Spotify after "being frustrated with
the company's exclusive terms".
Their production company also reportedly disagreed with Spotify
over how many of its shows would feature the former President and First Lady.
Higher Ground's current deal with Spotify runs through October
this year.
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