MEGHAN MARKLE and Prince Harry’s Netflix deal has come under fire amid reports suggesting the platform could lose 750,000 UK subscribers. The couple has reportedly signed a deal to produce content with Netflix, thought to be worth $100million (£73.7million) – but no content has been released yet.
Last week, the streaming platform forecast its lowest number of new global subscribers in the first quarter since 2010, according to The Guardian. Netflix has lost the UK rights to five popular titles to Disney+ this month.
Analysts at research firm Digital i estimates losing these could cost as much as £90m per year if all of the 750,000 subscribers also left. Daily Mail Diary Editor Richard Eden wrote on Twitter: “Despite having signed up Prince Harry and Meghan?” Royal commentator Daniela Elser also criticised this in the New Zealand Herald, writing:
“More than 14 months ago, their money-making marriage with the streaming was first revealed. They loftily promised they would be making ‘content that informs but also gives hope’. Goodo then, but where is it?”
Prince Harry to ‘take back seat’ as Meghan Markle secures leading Sussex podcast role
Royal expert Neil Sean claims that Prince Harry has taken a “back seat” as an executive producer to on their podcast, leaving Meghan Markle take charge of the agenda.
The Duchess of Sussex is reportedly preparing for a new podcast focusing on various topics from entertainment to world news.
The couple struck a multi-million deal with Spotify last year but have so far only produced a short Christmas promo ahead of Christmas 2020.
Mr Sean told his Youtube channel Neil Sean’s Daily News Headlines: “Harry and Meghan’s audio team are now allegedly fully complete.
“Apparently it’s taken a long time to get the right team around them but there’s a bit of a swift change because initially it was going to be Harry and Meghan but now apparently looks like Harry could be taking a back seat as an executive producer with Meghan leading the charge doing most of the topics.”