Prince Harry and Meghan Markle’s axed Spotify deal cost people jobs: royal expert

nypost.com:

Prince Harry and Meghan Markle’s failed Spotify deal, a royal expert claimed.Speaking on Palace Confidential, Daily Mail’s Royal Editor Rebecca English talked about the criticism over how the ending of the royal couple’s Spotify deal affected many jobs and people.“Part of this problem with Harry and Meghan is a problem with the entire podcast industry,” English said. “There was a flurry to sign massive names and throw big money at them without actually knowing if they had an idea which was workable.”She continued, “That’s now falling around the industry’s ears and a lot of good people: producers and engineers – these people are losing their jobs, and there’s a lot of anger because people like Harry and Meghan with significant amounts of money, so there’s quite a lot of bad feeling about it.”It was reported earlier this month that Spotify was set to slash a further 200 jobs after the Duke and Duchess’ audio deal failed to bring in the cash they expected.Harry, 39, and Meghan, 41, inked an agreement with the audio giant back in December 2020, estimated to be worth a whopping $20 million.The streaming giant is now having to let a significant number of staffers go due to the money lost in the deal.A source previously told The Post that the Archewell media company launched by Harry and Meghan didn’t produce enough content to receive the full payout of the $20 million deal they agreed to.The panel also discussed United Talent Agency CEO Jeremy Zimmer’s statement that Meghan is “not a great talent,” and Daily Mail’s Diary Editor Richard Eden said that these comments were “extraordinary.”Zimmer admitted last week that he wasn’t surprised about Spotify’s breakup with Harry and Meghan, telling Semafor during the Cannes Lions.