Meghan Markle and Prince Harry’s $100 Million Netflix Deal Won’t Be Renewed

Meghan Markle and Prince Harry’s $100 Million Netflix Deal Won’t Be Renewed

Meghan Markle and Prince Harry will not be renewing their contract with Netflix, according to reports from The Sun. The Duke and Duchess of Sussex originally signed a lucrative $100 million agreement with the streaming service in 2020. As the contract approaches its expiration in September, it has been confirmed that it will not be extended. This decision marks a significant shift in Netflix’s strategic approach to their partnerships.

A Hollywood insider shared with PEOPLE that the couple’s production deal with Netflix will come to an end without a renewal. While there is no ill-will between the parties involved, it seems that both sides have mutually agreed to part ways as their collaboration has naturally come to a conclusion. Representatives for Meghan Markle, Prince Harry, and Netflix have been approached for further comments on this development.

The announcement comes amidst the release of viewership data for Meghan Markle’s show, “With Love, Meghan,” which premiered earlier this year. The latest Engagement Report from Netflix revealed that the series garnered 5.3 million views, securing the 383rd spot. Additionally, another production, “Polo,” executive-produced by Prince Harry and Meghan, attracted 500,000 households and ranked at 3,436. Their docuseries, “Harry & Meghan” from 2022, still holds the record as Netflix’s most-watched documentary debut.

“With Love, Meghan” enjoyed immediate success, reaching the tenth spot on Netflix’s global Top 10 Shows Overview list just a week after its debut. The show’s popularity extended to the UK and the US, where it ranked seventh and tenth, respectively. The Duchess of Sussex not only hosted the series but also served as an executive producer, offering lifestyle and entertaining tips alongside guest appearances from celebrities like Mindy Kaling.

Following the conclusion of their Netflix deal, Meghan and Harry have already wrapped filming for the second season of “With Love, Meghan.” The new season is slated for a fall release, with renowned personalities like Chrissy Teigen set to make appearances. The couple’s initial multiyear agreement with Netflix, announced in September 2020, was intended to produce documentaries, docu-series, feature films, scripted shows, and children’s programming exclusively for the platform.

In a statement released at the start of their partnership with Netflix, the Duke and Duchess of Sussex expressed their commitment to creating content that informs and inspires viewers. They highlighted their focus on showcasing diverse stories and spreading messages of resilience, hope, and human connection. As the conclusion of their Netflix collaboration nears, the couple looks forward to exploring new avenues for their production company’s future endeavours.

Despite the end of their association with Netflix, Meghan Markle and Prince Harry continue to engage in various ventures, remaining active in raising awareness for causes close to their hearts. The conclusion of this chapter marks a new beginning for the couple as they embark on fresh opportunities and creative projects beyond their successful partnership with the streaming service.

In summary, Meghan Markle and Prince Harry’s decision not to renew their $100 million Netflix deal signifies a strategic shift for both parties. Despite the success of their collaborative projects, the couple and the streaming service have chosen to part ways amicably as they look towards new horizons in their respective endeavours.