Reinventing yourself is one of the most challenging tasks in life and even more so if it’s in the public eye. From having a set notion about your image in the public to obstacles created through a string of rumours about you in the media, public figures have the hardest time to re-do their image.
Discover our latest podcast
Prince Harry and Meghan Markle are also dealing with the same issues as they try to rebuild their brand together away from the British Royal Family. But this is made of many ups and down... Already in 2023, the couple’s $25million (£19 million) Spotify deal came to an abrupt and sudden end.
Prince Harry and Meghan Markle’s Netflix contract: Will it be renewed?
And from the looks of it, the couple’s rumoured £80 million Netflix contract to work together until 2025 is not getting a renewal either. Prince Harry and Meghan are facing ‘crunch time’ as they've got one year left to ‘produce and impress Netflix enough to keep them on,’ according to Mirror.
An insider claims that the Sussexes are ‘very nervous it won’t happen’ as they ‘scramble’ to pitch content that can get a green light from the streaming giant. As such, the Duchess is ‘hyper-concerned’ about money and worries she and Prince Harry could ‘lose everything.’
The couple has ‘blown through so much money’ that they desperately need new income sources. The insider added:
Meghan is hyper-concerned about money, as well as she should be, because they are spending it hand over fist and not bringing in what they'd expected.
What makes it kind of daunting this time around through that they've blown through so much money so quickly and aren't in anything like the strong position they once were.
So far, the couple has produced a docuseries with Netflix, along with Prince Harry’s Heart of Invictus series that massively flopped. Apart from these, Meghan’s animated series Pearl was scrapped in the development stage by Netflix bosses.
Archewell’s key member leaves the production house in a dramatic move
Another blow faces the couple as a key member has left Archewell Productions. Archewell manager Bennett Levine joined the firm as a coordinator in 2021, before being promoted to a managerial position.
Bennett has quit his role in less than two years after a string of Archewell’s staff has also left the company. Announcing his departure, he said:
I'm happy to share that I'm starting a new position at Cinetic Media.
Cinetic Media is a talent management, content sales and strategic advisory company for media and entertainment industries. Bennett’s departure from the firm is labelled as ‘no doubt’ a ‘blow to the company,’ reports The Sun.
Amidst this, the only relief for the Sussex couple is that they could soon sign with Paramount Pictures, confirms The Mirror. This comes after they made a rare public appearance when they attended the premiere of Bob Marley: One Love in Kingston, Jamaica. The appearance sparked conflicting reactions but it may be a stepping stone for the couple’s new career moves.
Read More
⋙ Prince Harry’s net worth: Let’s find out how much the Duke of Sussex is reportedly worth
⋙ Prince Harry: Is his military past really being erased?
Sources Used
Mirror: Meghan Markle 'hyper-concerned' about money and worries she could 'lose everything'
The Sun: Blow to Meghan Markle and Prince Harry as key member of Archewell staff quits after string of employees leave
Mirror: Harry and Meghan's countdown crisis as they have 12 months to impress Netflix or go bust
