The Netflix executive who brokered the recent $50 million deal for Barack and Michelle Obama was a major campaign contributor to the 44th president.
Byron York, reporting for the New York Post, cited a source who said Ted Sarandos, the streaming giant’s creative content chief who oversees an $8 billion budget, bundled, along with his wife, nearly $600,000 in contributions to Obama from their friends and associates during the 2012 presidential campaign.
Last week, the Obamas signed a creative production deal with Netflix that could be valued at more than $50 million, according to an entertainment industry source. . .
The sequence of events – seen by some as an unethical quid pro quo and others as a mere coincidental benefit of ongoing professional relationships – is the kind of wealth-building spotlighted by investigative reporter Peter Schweizer in his books “Clinton Cash” and “Secret Empires: How Our Politicians Hide Corruption and Enrich Their Families and Friends”. “Clinton Cash” spotlights the enormous wealth built by Bill and Hillary Clinton while Hillary Clinton ran for president and served as secretary of state, including the $145 million from uranium investors donated to the Clinton Foundation and Bill Clinton’s $500,000 speaking fee from a Russian bank tied to the Kremlin before Secretary of State Hillary Clinton helped decide whether to approve the sale to the Russian government of a company that held one-fifth of America’s uranium capacity.
Schweizer’s new book, “Secret Empires,” centers on what he calls “corruption by proxy,” in which family and friends of powerful political figures position themselves as middlemen, creating “previously unimaginable pathways to wealth.” (Read more from “Shocking Reveal on $50 Million Obama Netflix Deal” HERE)