Barack and Michelle Obama are reportedly in advance negotiations with Netflix to produce a series that will highlight inspirational stories and people.
Speaking to the New York Times the former US president's senior adviser Eric Schultz said: "President and Mrs Obama have always believed in the power of storytelling to inspire.
"Throughout their lives, they have lifted up stories of people whose efforts to make a difference are quietly changing the world for the better.
"As they consider their future personal plans, they continue to explore new ways to help others tell and share their stories."
While the number of episodes and format of the shows is yet to be decided, it has been made clear that Obama does not intend to use the programmes to directly respond to criticism by his successor, Donald Trump, or other political opponents.
Obama appeared in the debut episode of David Letterman's Netflix series, My Next Guest Needs No Introduction, which began on the streaming service in January.
Should the Obamas secure their own series it would given them a platform to reach an audience of nearly 118 million Netflix subscribers, the paper added.
