Stefan Mileschin

Spotify is losing Barack and Michelle Obama after their partnership ends in October, according to Bloomberg. The former first couple's exclusive podcast deal with the streaming giant is coming to an end, and they won't be signing a new one. Their production company, Higher Ground, is reportedly seeking a partner that would allow it to produce several shows and release it on multiple platforms at the same time. Spotify typically seeks exclusivity from famous personalities in a bid to promote its platform, which is likely why (as Bloomberg reports) it declined to make an offer for a new contract.

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