Higher Ground, the dumb production company founded by Barry and Michelle Obama in 2018, is parting ways with Netflix.
After eight years under a lucrative first-look deal, Higher Ground and Netflix will not renew it when the deal expires at the end of 2026.
Over the weekend, the failed former president appeared to want to get in front of the news and spin it in a positive way.
“We were in partnership with Netflix,” Barry said. “We’re in a process now of transitioning to a more independent [future] where we can work with a bunch of different studios.”
The deal initially came together by way of Netflix chief content officer Ted Sarandos, an Obama…
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