Netflix is ​​facing this ‘problem’ with Prince Harry and Meghan’s deal, Royal Expert suggests

Netflix may be grappling with the potential problem that Meghan Markle and Prince Harry are no longer “watchable” nearly two years after the streaming service signed a multimillion-dollar deal with the couple, a royal expert has claimed.

The Duke and Duchess of Sussex have not released any content for Netflix since announcing in September 2020 that they had signed a multi-year deal to produce documentaries, docuseries, feature films, scripted shows and children’s programming exclusively for the streaming service via their Production have signed company Archewell Productions. The production deal was valued at over $100 million, an unnamed source told Us Weekly at the time.

Markle’s animated series Pearl was reportedly one of the projects Netflix shut down this year as the company made cuts after losing 200,000 subscribers in the first quarter. Recently, the streamer reported that it lost almost 1 million more subscribers between April and July as competing streamers challenge its dominance and price increases continue to take their toll, according to Deadline.

Neil Sean, a royal commentator and correspondent who has been featured on Sky News, Fox News, NBC News, MSNBC, Access Hollywood and other news outlets, weighed up what the subscriber loss could mean for Markle and Prince Harry’s partnership with Netflix’s new video .

“[Netflix’s subscriber loss] This really isn’t a shock when you think about it because we’re all going through the cost-of-living crisis around the world,” Sean said on his YouTube channel. “We all have to make compromises. Netflix is ​​no different.”

“A lot of people watched [without paying]while [Netflix] still paid big bucks to big production companies like Archewell to make programs we’ve never seen before,” he continued, citing the streamer’s ongoing crackdown on password sharing.

Sean claimed that Prince Harry and Markle are facing a “backlash” for not delivering a project despite allegedly receiving a “significant amount” from Netflix nearly two years ago to boost their production company. International Business Times has not been able to independently verify this information.

The royal correspondent also claimed that Netflix now hopes to ensure Prince Harry’s docuseries about the Invictus Games, the Paralympic-style games founded by the royals in 2014, follow “on the back” of the upcoming season of The Crown will. “

“Harry and Meghan were signed at a prosperous time. Before the pandemic, money was plentiful, people had different priorities, and the world wasn’t in the turmoil it’s in now. Fast forward a few years and people have now changed their habits and are trying to cut corners. Are two ex-royals worth millions really worth watching now? That’s the problem Netflix has,” Sean claimed.

Sean speculated that Markle and Prince Harry would be in a “very difficult” situation if their production deal fell through.

“If some giant takes that away from you, where are you going?” continued the royal commentator. “What’s really happening now is this — the public voted with their wallets, and they decided content or no content, Netflix just isn’t value for money right now, even with royals attached.”

In addition to Pearl, which Markle would executive produce, Netflix also scrapped the children’s series Dino Daycare and Boons and Curses, as well as the comic-to-TV adaptation Bone, an adaptation of Roald Dahl’s The Twits. and “Toil and Trouble,” according to Reuters and The Wrap.

But Markle and Prince Harry’s production company is still developing work for Netflix, including Heart of Invictus and an alleged docuseries the couple has been working on for more than a year, Page Six reported.

An unnamed source recently told the outlet that Netflix bosses are hoping to release the Sussexes’ docuseries shortly after The Crown season 5 airs in November.

The source claimed Netflix “wants to make sure they get in there and don’t get caught” of Prince Harry’s memoir, which is also due in the fall.

Netflix and representatives of the Sussexes have not issued any statement regarding the rumored docuseries or their possible release date.




Photo: AFP / TIMOTHY A. CLARY

https://www.ibtimes.com.au/netflix-facing-problem-prince-harry-meghan-deal-royal-expert-suggests-1833980?utm_source=Public&utm_medium=Feed&utm_campaign=Distribution Netflix is ​​facing this ‘problem’ with Prince Harry and Meghan’s deal, Royal Expert suggests

Fry Electronics Team

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