The production company is in negotiations with multiple distributors for its future efforts, such as Amazon’s Audible and iHeartMedia, with hopes of finding a new partner in the coming weeks. Higher Ground had also been in discussions with Spotify, as well, but the streamer ultimately decided not to make an offer. A deal like this is potentially worth tens of millions of dollars.
Required exclusivity could have been one issue with regard to the failed Spotify negotiations. One of the things Higher Ground is aiming for with its next deal is to no longer be bound to one platform, and instead release episodes across streaming services.
Bloomberg noted the Obamas want to do limited series, with each agreeing to participate in an eight-episode program, which contrasts with popular podcasts which are weekly and run for at least several months. These proved to be points of tension in the past when it came to Higher Ground and Spotify’s partnership, the report noted.
Spotify hasn’t responded to a request for comment on the report at this time.