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Prince Harry and Meghan Markle Receive Warning of Potential Setback from Netflix

Prince Harry and Meghan Markle Receive Warning of Potential Setback from Netflix

Meghan Markle and Prince Harry are facing a cautionary note about their financial future as their partnership with Netflix approaches its one-year mark. Advised to reconsider their extravagant lifestyle, the Duke and Duchess of Sussex are urged to take proactive measures before the conclusion of their lucrative contract with the streaming giant.

Having inked a five-year, $100 million (£78 million) deal with Netflix in 2020, the couple's financial stability beyond the contract's end remains uncertain. PR expert Ryan McCormick pointed out concerns that Netflix may hesitate to renew the engagement unless Meghan and Harry agree to a substantial fee reduction and commit to producing a certain number of shows.

McCormick highlighted a decline in viewership for the couple's Netflix documentary, citing a 19% audience rating on Rotten Tomatoes and suggesting that Netflix will scrutinize the return on investment. The PR expert drew attention to a potential strain in the relationship, noting Netflix CEO Ted Sarandos's laughter during a Golden Globes roast of Meghan Markle and Prince Harry.

With the collapse of the Sussexes' high-profile Spotify deal, McCormick advised them to salvage their relationship with Netflix by taking a "professional course in groveling." He cautioned that if a deal falls through, the couple may need to explore alternatives such as public speaking engagements, launching their streaming service, or participating in fan conventions to generate revenue.

As the couple's ventures face challenges, McCormick emphasized that their track record could impact future opportunities with high-profile media companies.

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