Barack and Michelle Obama are parting ways with Spotify, Bloomberg first reported and Axios Pro's Tim Baysinger confirmed.

Why it matters: The breakup comes as Higher Ground, the former first family’s production company, and Spotify have clashed over the past 3 years of their partnership, according to Bloomberg. 

Details: Higher Ground wants a new deal elsewhere that would enable it to release several shows on multiple platforms simultaneously.

• Spotify has wanted more exclusivity and more shows featuring the former president and first lady, while Higher Ground has wanted to highlight a range of voices, Bloomberg reports.

What to watch: Amazon’s Audible and iHeartMedia are reportedly among platforms courting the company, which may pick a new home in the next few weeks.

Read Tim's report in Axios Pro Media.