Spotify and the Obamas are heading for a split.
The streaming service and the former first family will not sign a new deal, a person familiar with the matter told DailyExpertNews.
The person said Spotify (SPOT) has not made an offer for the rights to distribute the content of Higher Ground, the production company of Barack and Michelle Obama.
The Obamas signed a deal with Spotify in 2019 when they entered the entertainment business after leaving the White House. In 2018, the Obamas also signed a deal with Netflix (NFLX).
The deal with Spotify will expire at the end of this year when the last series of Higher Ground is due to come out, says the person familiar with the matter and who spoke to DailyExpertNews.
Neither Spotify nor a representative of the Obamas made any comment Wednesday night.
But Bloomberg, who first reported the news, reported that the Obamas are in negotiations with Amazon’s Audible and iHeartMedia.
Representatives from Audible and iHeartMedia did not immediately respond to requests for comment.