Financial aspects and duration of the transaction were not disclosed.
“At Higher Ground, we have always strived to raise the voices that deserve to be heard, and Audible is investing with us in realizing that vision,” said former President Obama. “I look forward to collaborating with them to tell stories that not only entertain but also inspire.”
The former first lady added that “there is no one we want to write our next chapter with except Audible.”
“Together, we will continue to strive to tell compelling, provocative and moving stories, doing our best to get them to the people who need to hear them,” the statement said.
The deal is just part of Obama’s continued involvement in the entertainment industry since leaving the White House in 2017.
Higher Ground also has an exclusive production deal with Netflix, which has brought together award-winning TV shows and movies. For example, American Factory, a documentary about a Chinese company opening a factory in Ohio, won the Academy Award for Best Documentary in 2019.
In terms of audio, Higher Ground has produced podcasts such as “Renegades: Born in the USA” – a set of conversations between the former president and rock star Bruce Springsteen – and “The Michelle Obama Podcast” – which is a “podcast”. most listened to Spotify Original to date,” the company says.
Correction: President Barack Obama and First Lady Michelle Obama left the White House in 2017 after the end of his second term. The date of their departure was distorted in the earlier story.