In a jaw-dropping new report, Variety reveals that Netflix has reportedly severed ties with Prince Harry and Meghan Markle, marking the end of their much-hyped collaboration. The couple’s highly publicized partnership with the streaming giant, which once seemed like the start of a promising new era in Hollywood, is now facing significant hurdles.
According to well-placed sources, the £45 million deal that Netflix signed with the Sussexes has turned into a source of frustration. Their repetitive storytelling about their royal exit and lackluster performance from projects like With Love, Meghan has led Netflix to reconsider its investment. 📉
A source inside Netflix said the mood in the office was blunt: “We’re done.” The couple’s company, Archewell Productions, has also faced criticism for poor communication in dealings with the streamer, causing additional strain on their relationship.
Rumors have also surfaced, strongly denied by both Netflix and the Sussexes’ legal team, that Ted Sarandos, Netflix’s co-CEO, is growing frustrated with the couple. The tension is further fueled by the disappointmen surrounding Harry’s memoir Spare and their infamous interview with Oprah Winfrey, both of which reportedly caught Netflix off guard.
Despite initial excitement surrounding their hit documentary, sources claim A-list talent is now hesitant to work with the Sussexes due to their unpredictable nature. Could this be the end of their Hollywood venture? 🎬
Further complicating matters, Meghan’s lifestyle brand As Ever, created in partnership with Netflix, has also been sidelined, with no plans for future projects with the company. Meghan’s upcoming event in Australia, a luxury retreat for VIP guests, is facing financial challenges, with the event organizers reportedly going bankrupt.
