Prince Harry and Meghan’s Netflix Deal: How much it Worth, Content, Release Date
|Prince Harry and Meghan’s Netflix Deal. Photo: metro|
Earlier in the year, Prince Harry and Meghan Markle announced that they had created a production company and signed a deal with Netflix.
As part of the agreement, the couple are expect to make documentaries, docu-series, feature films, scripted shows, and children’s programming.
The Duke and Duchess of Sussex said their new endeavor would be focused on “creating content that informs but also gives hope”.
In their landmark interview with Oprah Winfrey, which first aired on Sunday, the pair said they had not even thought about streaming opportunities with Netflix when they initially stepped down from palace life.
When will Meghan Markle and Prince Harry release content on Netflix?
It seems we may be streaming content from the Sussexes as soon as this year. In September of 2020, Netflix’s co-CEO Reed Hastings spoke about the couple’s “wide range of entertainment” telling CNBC’s Squawk Box, “I think it’ll be some of the most exciting, most viewed content next year.”
What is the name of Meghan Markle and Prince Harry’s production company?
The Duke and Duchess created their production company, Archewell Productions, to produce programming that “informs, elevates, and inspires.” On the couple’s Archewell website, they noted that through its creative partnership with Netflix, “Archewell Productions will utilize the power of storytelling to embrace our shared humanity and duty to truth through a compassionate lens.” according to Parade.
How much is the Harry and Meghan Netflix deal worth?
In September 2020, the former Royals signed a multi-year deal with the streaming service. According to Business Insider, the pair will reportedly be producing content via their untitled production company. The agreement reportedly includes documentaries, children’s programming, docuseries, movies and scripted shows. The pair will reportedly also be producing an animated series celebrating women and a nature documentary.
Although some details of the deal were revealed at the time, what wasn’t known is how much Harry and Meghan were being paid for this deal. Business Insider later reported that the deal is worth $100 million. At the time the streaming platform had revealed that the pair had also talked to Apple and Disney before striking a multi-million dollar deal with Netflix. The news about Prince Harry and Meghan Markle's deal worth came shortly after it was reported that the couple had fully repaid £ 2.4 million on renovations to their Windsor Home, Frogmore Cottage. However naturally not everyone in the Royal Family was thrilled about this business deal between the former Royals and Netflix, according to Republicworld.
How can Meghan Markle and Prince Harry earn money as royal family members?
When the couple’s revised royals were announced in 2020, following their decision to step back as senior members of the royal family, they explained on their now-defunct website SussexRoyal that they would become “privately funded members of The Royal Family with permission to earn their own income and the ability to pursue their own private charitable interests.”
What will Harry and Meghan Produce under their Netflix deal?
We can expect a range of content from Harry and Meghan over the course of their multi-year deal. Observer reports that the couple will release documentaries, feature-length films, scripted series, and children’s programming. “Our focus will be on creating content that informs but also gives hope,” the couple shared in a statement with the Times. “As new parents, making inspirational family programming is also important to us.”
During yesterday’s interview, Megan told Oprah, “Life is about storytelling. For us to be able to have storytelling through a truthful lens that is hopefully uplifting is going to be great, knowing how many people that can land with and be able to give a voice to a lot of people that are underrepresented and aren’t really heard.”
Harry and Meghan’s Netflix content
It’s been reported that the couple will be producing a wide range of content over at Netflix, including documentaries, scripted shows, feature films, docuseries and children’s programming.
Giving Netflix subscribers a taste of what’s to come, the pair have said during an interview: “Our focus will be on creating content that informs but also gives hope. As new parents, making inspirational family programming is also important to us.”
Additionally, they added that the streamer’s “unprecedented reach will help” them “share impactful content that unlocks action.”
First up, we can expect “an animated series about inspiring women… aimed at a young audience.”
It has also been teased that a wildlife documentary series is already in the pipeline, Hitc wrote.
What did the senior Royals think of Harry and Meghan’s Netflix deal?
Another report published in The Sun revealed that William and other senior Royals were uncomfortable with the whole partnership. The reason for this being that Harry and Meghan had signed this deal with the production company Left Bank Pictures, which makes The Crown for Netflix. There are speculations that the former Royals might also be producing a documentary on Princess Diana.
Prince Harry and Meghan Markle's net worth
According to Celebrity Net Worth, the pair has a reported net worth of $50 million. Meghan Markle (39) has amassed a lot of her wealth thanks to her role in the hit show Suits and her other acting projects. The Netflix deal struck by the ex-Royals will also be a massive addition to their combined net worth.
Will Meghan Markle return to acting?
Before she married Prince Harry, Meghan Markle was an actress known for her role as Rachel Zane on Suits. While she left her Hollywood life for Kensington Palace, now that she’s back in the US and working with Netflix, will she appear onscreen? Odds are, probably not — a representative for Meghan told the Times she has “no plans to return to acting.”
What other deals do Harry and Meghan have?
Aside from their relationship with Netflix, Hary and Meghan have also partnered with Spotify, where they signed a deal that’s reportedly worth $25 million, according to Observer. Under their Spotify deal, Harry and Meghan will host and produce podcasts “to drive powerful conversations that inspire, challenge and educate,” as the couple shared during Spotify’s Stream On event. Their first podcast, which dropped on Spotify in December, featured Sir Elton John, James Corden, Naomi Osaka, Deepak Chopra, and more, Decider noted.
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