Prince Harry and Meghan Markle are reportedly bracing themselves for a potential financial blow as their lucrative Netflix deal comes to an end in 2025, a royal commentator has suggested via NY Post.
The Duke and Duchess of Sussex have inked a $100 million deal with the streaming giant in 2020 after quitting royal life and moving to the US. After their release of 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.
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.”
Earlier this month, the Sussexes dropped 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 pair, who both served as executive producers on the project had 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.