Prince Harry and Meghan Markle’s Spotify deal was cancelled only one season into her podcast Archetypes, and it looks like they’re at risk of losing their Netflix collaboration, too.
According to The Sun, sources claim that Netflix executives have cautioned the couple they need to continue to produce content with a high viewership if they want to be paid in full. The exact dollar amount of Harry and Meghan’s deal with Netflix has never been disclosed, but reports say it’s around $100 million.
RELATED: Kim Kardashian Overwhelmed When Gifted Nicest Jewelry She’s Owned Since Paris Robbery
The couple have reportedly received half of the payment, but Netflix won’t pay the rest until the pair produces more content for the streaming giant – and it needs to perform well.
“Netflix was pleased to sign Harry and Meghan and is looking for some great ideas going forward,” an insider explained.
“But the remainder of the deal relies on them producing those good ideas,” they continued. “The deal’s continually under review which is normal for ones of this magnitude.”
Harry and Meghan have already produced a highly successful project for Netflix – their docuseries Harry & Meghan. It’s become the most watched documentary on the platform. Harry has also been working on another documentary, Heart of Invictus, which explores the Olympic-inspired games for former service men and women, which will air in August.
However, not all of the couple’s ideas have come to fruition. Meghan reportedly pitched an animated series about a girl named Pearl, though the show was dropped.
A post shared by The Duke and Duchess of Sussex (@sussexroyal)
Harry and Meghan have apparently heard Netflix’s demands and are currently pitching a new idea – a Great Expectations-inspired story that will feature Charles Dickens’ character Miss Havisham, or at least a reimagined version.
Between their Netflix and Spotify deals, Harry and Meghan seemed to be doing well for themselves after leaving their royal duties and relocating to the U.S.
However, one report earlier this month claimed the parents-of-two are growing increasingly concerned over money now that their collab with Spotify has ended, and they’re looking to other ways to grow their wealth.
“They’re not broke. But they’re going to have to keep spending their money, instead of banking it,” a source told Page Six.
Aside from their media deals, Harry and Meghan reportedly have access to his two trust funds, set up by the late Queen Elizabeth as well as his mother the late Princess Diana. The couple are jointly valued at $60 million.
Sources: Mirror, The Sun,
Source: Read Full Article
