Netflix delivers big blow to Harry and Meghan’s business empire – reports
The trailer for the docuseries Harry & Meghan
Netflix will not be renewing its US$100 million (£73m) agreement with the Duke and Duchess of Sussex, Prince Harry and Meghan Markle, according to reports.
The couple signed the five-year deal with the streaming service in 2020, producing several shows.
Their docuseries Harry and Meghan garnered 64 million viewing hours, but subsequent projects like Polo and With Love, Meghan saw significantly lower viewership or poor critical reception.
Sources suggest there is no animosity, but Netflix feels they have gained all they could from the partnership, and Meghan's priority is now her own brand.
The reported decision not to renew the deal represents a significant loss of revenue for the Duke and Duchess.