‘I’m looking forward to partnering with them to tell stories that not only entertain but also inspire.’ ‘At Higher Ground, we have always sought to lift up voices that deserve to be heard — and Audible is invested in realizing that vision alongside us,’ Barack said in a statement.
Spotify would eventually gain access to it. Sources familiar with the Obamas’ Spotify deal, Classic Novels said the couple felt exclusivity limited their audience. Instead, they wanted to be able to sell the content to multiple bidders. The couple are pictured in an undated photo with their daughters who are now adults
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CEO Alagh told the Business Standard newspaper in January that 70% of Mamaearth’s sales come from online platforms, but it was targetting a bigger offline presence and aiming to reach 40,000 retail outlets in 100 cities this year.
He told DailyMail.com: ‘The deal should cost Audible just north of 20 million and the Obama’s will need to contribute two shows with an estimated appearance cap of 8 episodes each for Barack and Michelle.
Obama’s singular ability to provide hope and uplifting guidance—needed now more than ever—through their voices.’ ‘We are thrilled to welcome two of the most profound voices of moral and intellectual leadership of our times into the Audible fold, and to be able to elevate President and Mrs.
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Their passion, Classical Books curatorial style and ingenuity is reflected in the content they have created across all mediums, as well as the talented team they have assembled at Higher Ground. ‘For so long we have been inspired by the Obamas.
Higher Ground also has an exclusive film and TV production deal with Netflix. The company produced the docuseries Our Great National Parks which showcases the planet’s greatest national parks and Classic Litrature wild spaces
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MUMBAI, June 21 (Reuters) — Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion, three people with direct knowledge of the company’s plans told Reuters.
With the brand endorsed by popular Bollywood celebrities, the duo has cashed in on growing e-commerce adoption in India by offering its products on platforms such as Amazon and Walmart’s Flipkart. Mamaearth was co-founded by Varun Alagh, a former Hindustan Unilever executive, and his wife Ghazal.
One equity research analyst, however, said the success of Mamaearth’s IPO could hinge on how it plans to rapidly expand into offline sales.
Most Indians still go to retail outlets to shop, with e-commerce accounting for just 5-6% of spending. The number of online shoppers for beauty products is also projected to rise to 135 million from 25 million during that period, it added.