Harry & Meghan Strike HUGE New Netflix Deal! Is This the Real Reason?
Prince Harry and Meghan Markle have just inked a brand new multi-year film and television deal with Netflix, silencing earlier reports that the streaming giant was ready to cut ties. This announcement comes as a surprise to many, especially considering the rumored performance of some of their previous projects.
Back in 2020, the Duke and Duchess of Sussex signed a lucrative five-year agreement with Netflix, estimated to be worth around $100 million, after stepping down from their roles as senior members of the British Royal Family. Since then, they've collaborated on several projects, including Meghan's lifestyle series, 'With Love, Meghan'.
However, recent media reports suggested that Netflix might not renew the "first look" deal, which gives the streamer priority access to any projects produced by their company, Archewell Productions. These reports cited disappointing viewership numbers for some of their content. For instance, 'With Love, Meghan' reportedly didn't even crack Netflix's top 300 shows in the first half of this year, while Harry's documentary, 'Polo,' ranked a distant 3,346 out of 7,000 shows.
Despite these rumors, the new deal is now confirmed. The specific terms of the "multi-year, first look deal for film and television projects" remain undisclosed. The Duchess of Sussex expressed her excitement, stating, "We’re proud to extend our partnership with Netflix and expand our work together to include the As Ever brand. My husband and I feel inspired by our partners who work closely with us and our Archewell Productions team to create thoughtful content across genres that resonates globally, and celebrates our shared vision.”
What's Next for Harry and Meghan on Netflix?
The couple's upcoming projects include a second season of 'With Love, Meghan', which is slated for release later this month, as well as a Christmas special. Further details about their future collaborations with Netflix are expected to be announced soon.
Is This a Win for the Royal Couple?
This new deal signals continued confidence from Netflix in the Duke and Duchess of Sussex and their ability to create compelling content. It also marks a significant chapter in their post-royal careers.