Prince Harry, Meghan Markle braced for financial blow before ‘pivotal decision’ with Netflix: expert



Prince Harry and Meghan Markle are bracing themselves for a suspected financial blow as their lucrative Netflix deal comes to an end in 2025, a royal commentator has suggested.

The Duke and Duchess of Sussex signed a $100 million deal with the streaming giant in 2020 after quitting royal life and moving to the US.

After releasing a series of bombshell tell-all projects stateside, the pair have now adopted a new “twin-track” business strategy in a desperate bid to salvage their public image, which has taken a hit in recent years.

Prince Harry and Meghan Markle are bracing themselves for a suspected financial blow as their Netflix deal comes to an end in 2025, a royal expert said. Getty Images for W+P

As the end of their Netflix partnership looms, royal commentator Richard Fitzwilliams suggested a renewal of the contract is “absolutely pivotal” for the duo’s new approach to be successful.

“Their separation of work is being tried out, and it worked perfectly well in the sense there have been no glitches. What they need is her cookery series for Netflix,” Fitzwilliams told GB News.

“What is absolutely pivotal is the renewal of the contract with Netflix next year, so precisely what happens in the coming months financially is vital.”

The Post has reached out to reps for the Sussexes for comment.

The Duke and Duchess of Sussex signed a $100 million deal with the streaming giant in 2020 after quitting royal life and moving to the US. Archewell Foundation via Getty Images

Earlier this month, the Sussexes released their “Polo” docuseries on the platform. However, the project was hit with a slew of negative reviews from critics in the days that followed.

The duo, who both served as executive producers on the project, made minimal appearances in the docuseries, with the promotion of the project also underdelivering.

It came after the “Suits” alum, 43, finished filming her upcoming show for Netflix in July.

While details about her new project remain scarce, the series will reportedly be centered around cooking and wellness.

The pair have recently adopted a “twin-track” business strategy in a desperate bid to salvage their public image, which has taken a hit in recent years. THOMAS CORDY/THE PALM BEACH POST / USA TODAY NETWORK

It will be produced by Sony Pictures Television, as well as Markle herself, and will likely collaborate with her impending lifestyle brand, American Riviera Orchard, which has yet to be launched.

“They lost Spotify a while ago, and it doesn’t seem there is anything substantial financially that we know of that is coming up,” Fitzwilliams went on.

“When American Riviera Orchard and Meghan’s cookery show is launched, that will certainly give her a good deal more than her occasional appearance.”

Earlier this month, the Sussexes released their “Polo” docuseries on the platform, which has since received negative reviews from critics. Netflix

Both the polo docuseries and the upcoming cooking show fall under the deal Harry and Markle signed with Netflix under their Archewell Productions company.

“They have a profile at a certain level. Harry and Meghan were in Times100 in 2020, so they have a brand, they have got their admirers, and they have got a profile,” the royal expert said of the couple.

“They’ve changed their tactic, and we will see what it adds up to in the next year.”

The couple’s previous collaboration with Netflix — a docuseries titled “Harry & Meghan” — proved to be a massive hit after its release in Dec. 2022.

The duo, who both served as executive producers on the project, made minimal appearances in the docuseries. Getty Images for Sentebale

They also executive-produced Netflix’s docuseries “Live to Lead,” as well as “Heart of Invictus,” a documentary following athletes preparing for the Harry-founded Invictus Games, which hit the streamer in August 2023.

Also that month, author Carley Fortune confirmed Archewell is adapting her romance novel “Meet Me at the Lake” for Netflix.

It’s unclear if the duo have any other projects in the pipeline for 2025, however fans are eagerly awaiting the overdue launch of American Riviera Orchard, which has faced a series of trademark issues in recent months.



Source link

Related Posts