Prince Harry and Meghan Markle’s contract with Netflix may not be extended, raising questions about their future financial strategies. The couple’s five-year deal with the streaming service is nearing its conclusion, prompting speculation on how they will cover their substantial expenses going forward. Despite their controversial docuseries and memoir that criticized the Royal Family, Harry’s expressed desire for reconciliation with his family suggests a shift in approach.
Former BBC royal correspondent Jennie Bond believes that the Royal Family may not be overly concerned about Harry and Meghan divulging more royal secrets. Their initial Netflix production, the docuseries “Harry & Meghan,” garnered attention, but subsequent shows failed to match its success. With their lifestyle show, “With Love, Meghan,” not ranking among Netflix’s top-viewed programs, the couple may face challenges in renewing their Netflix contract.
Jennie Bond highlights the competitive nature of the television industry, emphasizing the importance of ratings for sustained success. Unless Harry and Meghan present compelling and popular content ideas, their future partnership with Netflix remains uncertain. While their initial deal was lucrative, maintaining their upscale lifestyle in Montecito could necessitate alternative income sources, particularly for Harry.
Reflecting on their initial intentions to create inspiring content for Netflix, the couple’s financial independence from the royals led them to secure various lucrative deals. However, the couple’s lack of consistent hit shows post-docuseries indicates challenges in meeting Netflix’s expectations. As they navigate potential contract renewals and financial decisions, Harry and Meghan face the reality of the competitive television landscape and the need for ongoing creative success.