The New York Times is reporting that, "Former President Barack Obama is in advanced negotiations with Netflix to produce a series of high-profile shows that will provide him a global platform after his departure from the White House, according to people familiar with the discussions.

Under terms of a proposed deal, which is not yet final, Netflix would pay Mr. Obama and his wife, Michelle, for exclusive content that would be available only on the streaming service, which has nearly 118 million subscribers around the world. The number of episodes and the formats for the shows have not been decided.

Obama was on David Letterman's new show 'My Next Guest Needs No Introduction' and I'm starting to wonder if that sparked interest into signing a deal with Netflix.

Obama would come in a long line of former presidents and vice presidents turning to media or art: documentaries (Al Gore), lectures (Bill Clinton), painting (George W. Bush) and memoirs (pretty much all of them).

The Washington Post reports that, "he would also break significant new ground. There are traditional ways for ex-presidents to communicate with the public. A digital subscription service isn’t one of them."