The Obamas May Have Found Their First Netflix Project

Theo Wargo  WireImage W. W. Norton + Company

Theo Wargo WireImage W. W. Norton + Company

In May, Netflix announced that the Obamas had entered into a "multi-year agreement to produce films and series for Netflix, potentially including scripted series, unscripted series, docu-series, documentaries, and features".

Specifically, The Fifth Risk follows the chaos that erupted at the departments of Energy, Agriculture, and Commerce during the handoff between the Obama administration to the Trump administration.

Former President Barack Obama and former First Lady Michelle Obama have made their first acquisition under their deal to create content for Netflix. In his book The Fifth Risk, Lewis investigated the broken state of our federal agencies under Trump and how he mishandled the hand off from the previous administration. 'And then there was radio silence.' Across all departments, similar stories were playing out: Trump appointees were few and far between; those that did show up were shockingly uninformed about the functions of their new workplace.

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Lewis told Couric about The Fifth Risk and the potential series that "it's a civics lesson..." In the podcast episode, set to be released on Thursday, Couric explains that the Obamas optioned the book to "come up with a series for Netflix to help people better understand the government".

According to Deadline, Lewis interviewed many in those departments and from the Obama administration who feared the new staff running those departments were unqualified for their positions.

Lewis is already in the Netflix camp: The streaming service snapped up his Wall Street reformers book Flash Boys which Ben Jacoby is adapting.

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While the book has been optioned, the project has not officially gotten the green light.

The Obamas might be happy with the deal, but Netflix knows it scored a serious catch with the influential couple.

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