Meghan Markle and Prince Harry’s media empire is ‘crumbling’: royal expert
nypost.comnot be renewed for Season 2.The royal pair signed a $20 million-plus deal between their Archewell Audio and the streaming giant in 2020.
However, with the cancellation of the one thing they’ve produced under the deal, the duo is possibly missing out on a big payout.Levin told the Sun recently that Harry, 38, and Markle’s “value isn’t as high as it once was,” and their radio deal tanking is proof that their media kingdom is “crumbling.”“People are fed up with them now,” the “Harry: A Biography of a Prince” author said, adding that their forthcoming content plans will be “disastrous.” Fitzwilliams also shaded the former actress, 41, and the Invictus Games founder, saying the conclusion of their Spotify contract is a “shocking failure.”“The idea was that several series would be produced.
Since only one was, there’s no doubt the contract could be considered a failure. Clearly this relationship hasn’t been as mutually beneficial,” he said.He added that “losing Spotify is a huge blow” to the twosome, also noting that they will have to collaborate more with Netflix in order for their business to survive.
Markle and Harry also penned an agreement in 2020 to create shows and other content with Netflix, to the tune of about $100 million.Fitzwilliams went on: “The collapse of the Spotify deal puts under the microscope the [other two] deals they’ve got — Netflix and Random House.
Read more on nypost.com