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Prince Harry and Meghan Markle sent shockwaves after they relaunched their Sussex brand with a shiny new website.
On the website, it was also revealed that the former Suits actress is set to continue her Archetypes podcast as she has signed a new deal with Lemonada Media. While things appear good on the business front, the couple’s Netflix deal is slowly coming on the verge of cancellation.
The Duke and Duchess of Sussex signed a five-year multi-million-dollar deal in 2020 after the moved out of the UK and stepped back from their senior royal positions.
Now, the deal could be in jeopardy as it is due to end in 2025 with an unlikely chance of extension of the lucrative deal.
Moreover, MailOnline columnist Alison Boshoff claimed that “Netflix will want to get out of or scale down further, the deal at the earliest contractual opportunity.”
Well-placed sources close to the situation told Boshoff that “the association has been disappointing all round, with Harry and Meghan drawing a relatively meagre amount from the streamer – thought to amount to as little as £16million ($20 million) for them personally, all in.”
The source also branded the deal a “dead duck.”
The update comes after many high-profile employees of Archewell Productions left the company including manager Bennett Levine, who was the key player in the couple’s hit Netflix docuseries, Harry & Meghan.