Monday, March 12, 2018

What Barack Obama Would Mean for Netflix, Inc. (NFLX) Stock | Stock Market News | US News

What Barack Obama Would Mean for Netflix, Inc. (NFLX) Stock | Stock Market News | US News: Netflix Inc. (Nasdaq: NFLX) has taken a lot of heat from critics about its aggressive content spending, but the company certainly seems to be landing some big-name talent. The New York Times reports that Netflix is in negotiations with none other than former President Barack Obama, and GBH Insights says an Obama-Netflix deal would be another “home run” for Netflix investors.

Netflix is reportedly in late-stage negotiations to pay Obama and wife, Michelle, for exclusive content to air on Netflix. Although details about the format and content of the show are scarce, sources familiar with the discussions say the Obamas are potentially interested in highlighting inspirational stories.

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